Charlieab94
Short

EURJPY Short Trade *TREND CONTINUATION & FIBONACCI*

FX:EURJPY   Euro / Japanese Yen
EURJPY short trade set up based on the 4hr and daily timeframe analysis.

- Daily chart made a lower high last week and is now pulling back to the 0.61 Fib level.
- Price has rejected the daily 50ema from below
- 4hr price is stalling at 125.500 key level

Targeting new lows on the daily and 4hr around 122.800
Trade active
Trade closed manually: Stopped at breakeven on this trade. Bullish momentum still present
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