EURJPY Short - Rising Wedge to Continued Bearishness

Long term, this pair has shown some bearish impulses that I think will continue. This bearish wedge is a good way to enter. Tight stop and quick move to breakeven reduces risk and maximize reward if entry is correct. Cheers

Handel aktiv:

T1 Reached, moving stop to BE

Trade stängt: målet nått:

Taking half of my position off here at a nice 2:1 R/R level. Good profit, on to the other pairs in the portfolio unless we get a retrace. I'll add on a retrace if momentum is still to the downside. Cheers