EURJPY - Quick Short Trades Yesterday, What's Next?

Hi Traders. If you've not watched my yesterday's analysis and Trade Recap on EURJPY, I will link in down in the description below.

Yesterday as you all knew, I took some short position on EURJPY and ended up in about +2.6R.

Coming today, I will be against focusing on how price reacts around 139.70 - 140.

As long as price rejects the 200ema on the 4h chart, I will continue to stick to the initial plan (short-term sells).

However, if at any point price begins to show more strength, holding above 139.70, then it will invalidate the setup itself.


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Take care and trade safe.

All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.