EURJPY Trading Strategy
Entry: 121.35 Stop Loss: 122.23 (88 Pips) Target 1: 120.13 (110 pips) Target 2: Trail stops down Trade Analysis: Looking to go short at the supply area in the daily time frame. Anticipating the downtrend to continue downwards. Will do a mechanical 1 to 1 risk reward ration on first target and trail stops down.