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Euro / Japanese Yen
Short

EurJpy possible 200 pip move.

By kioi254
Updated
EURJPY
A h4 inside bar (shaded white) has formed at a key resistance zone.
I sold the pair at the low of the mother bar with stop loss at the bar's high.
Entry price: 128.89
Stop loss: 129.6
Profit target: 126.9
Note
The daily bar has closed forming a strong bearish pin bar.
I have hereby moved my profit target to 125.4.
snapshot
Trade closed: stop reached
Note
I will now wait for a second entry signal. But if price significantly crosses the 129.6 resistance area, my market sentiments will change to bullish.
Note
Price has significantly crossed the 129.6 resistance.My sentiments have now shifted to .
snapshot
Trend Analysis
kioi254

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