EURJPY has a Bearish Flag setup, even if this play out, this could be a weak setup as it doesn't land on the previous support level.
Nevertheless, it is a great shorting opportunity for trend traders and if you remember that's partly because of the Bearish Shark Pattern setup that I had shared on 15 March 2021 based on the Weekly chart.
If you are still in this trade at least a 290pips run which in fact if you traded it well it should be a 489pips run. This depend on your knowledge on the Shark Pattern.
Nevertheless, it is a great shorting opportunity for trend traders and if you remember that's partly because of the Bearish Shark Pattern setup that I had shared on 15 March 2021 based on the Weekly chart.
If you are still in this trade at least a 290pips run which in fact if you traded it well it should be a 489pips run. This depend on your knowledge on the Shark Pattern.
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Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
www.tiktok.com/@raynlim