According to 4H downtrend, 61.8 level of Fibonacci , and 50 EMA of EURJPY chart we have short position potential with following TP/SL:
TP1: 129
TP2: 128.7
SL: 130.5
Notice: In half way of SL (when stop loss area Proceeds 50%) (HERE IS 130.2) you can double your size and put TP/SL as bellow:
TP1: 129.9
SL: 130.5
****Don't forget about money management****
Wish you Profit and success
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