VasilyTrader

EURJPY: Potential Breakout Trade

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OANDA:EURJPY   歐元 / 日圓

EURJPY is currently trading within a descending triangle formation.
wait for a 4H candle close below its horizontal support to short the pair.

next goal will be 122.0

safest stop is above the last lower high within the triangle.

remember that it is a conditional trading setup.
in case of a bullish violation of a falling trend line setup will be invalid.


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