Euro / Japanese YenShort
EURJPY Short H4 Rising Wedge, 30 minute entry
Updated
EURJPY is in a rising wedge on H4, looking for shorts on m30 or m15 with a break of minor support and retest. Looking for confluence with cross of SMMA and EMA.Short at 126.250 area
- TP1 125.480 - 77 pips, move SL top 126.00
- TP2 125.105 - 114 pips
- SL at 126.550 - 30 pips
Trade invalidated if trend line broken with retest.
Note
Moving SL to breakeven at 126.180Trade closed manually
Closed manually at 126.00, 18 pips secured. We are losing momentum.
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