EURJPY Weekly Sell - parallel level after trendline is broken

EURJPY recently broke its bullish trendline after a 10-day bull market and is now testing the parallel level. The first entry opportunity may arise when the second 4-hour bearish candle is created, with confirmation of a potential reversal provided by the bearish daily pinbar that was also formed. Another potential entry point could occur when an obvious lower high wave is created, providing an opportunity to scale-in and maximize profit potential.

Trade closed: stop reached:

Market was volatile -1%