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EURJPY Descending Channel

Short
Euro / Yen giapponese (FX:EURJPY)  
tradingjournal101_ Aggiornato   
FX:EURJPY   Euro / Yen giapponese
Trend Analysis Supply and Demand Trend Lines EURJPY eurjpyshort
10
5
trendanalysis supplyanddemand trendline eurjpy eurjpyshort
I've been waiting for a short on EURJPY for a long time and believe it is happening now. Descending parallel channel + rejection = nice short. XXXJPY pairs are all going to drop soon which adds to the multiple confluence. Related ideas below. Although already in the trade, it could pull back to entry price again, providing another opportunity.
Trade attivo
Commento:
Accidently added to comments section but it's here now too.

Daily View:
snapshot
Weekly View:
snapshot
Commento:
TP extended to another monthly level due to current market movement. RR = 6.64
snapshot
Trade chiuso: obiettivo raggiunto:
Trade closed at the original TP. +4.12 RR

Idee correlate

tradingjournal101_
AUDJPY Big Drop is Imminent
tradingjournal101_
XXXJPY Shorts - USDJPY big drop!
tradingjournal101_
GBPJPY Short
tradingjournal101_
Potential drop on NZDJPY
tradingjournal101_
EURUSD nearly at sell level
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