EURJPY / H2 : A range trade before more bearishness

REMINDER : this is a range trade, must therefore be low leveraged and with a clean stoploss. If the market validates the breakout pattern then we're no longer in a range and a stop will have to be triggered. I'll secure 50% of that trade on TP1 to pay for my stoploss and keep the rest for a possible trend trade to the bear side.

Hope this idea will inspire some of you !
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Kindly,
Phil

Comment:

The market reached out to the sinewave target.. Trade will be invalidated if it goes beyond that.