EURJPY Trading Strategy

By | June 29, 2020

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. 

Price action trading chart

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