cyanfrog

EURJPY daily reversal potential

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Price formed yesterday bearish engulfing indicating probable incoming reversal. I will enter on last daily candle low break(-5pips) and aim for the previous S/R area. Initial SL near last daily candle high. Weekly chart shows also a lot of bearish potential with better divergence and possible pin bar.
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