I met my weekly target very early while shorting (among
other pairs) EURJPY. I have been quite busy so I have been away from my charts.
This has nothing to do with hitting my target; I always like to trade.
On returning, I was blessed with a fine bearish setup also
on EURJPY!
The black trend line is from 4-hour time frame. The red
trend line and blue channel are sub-patterns in confluence with the thick trend
line. I will short when a reversal bar forms on the confluence, set target at a
lower low and SL above the most recent swing high.
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