Big EURJPY short from here

Big EURJPY short tracking it all the way down to 141.371.. I think the move in EURJPY was overxtended in the past few weeks and some correction is due. This is more of a swing trade. I actually managed to enter a bit earlier in the trade at 144.195 and will hold and trim according to my plan. see screenshot here of entry snipboard.io/yFgtsY.jpg

The EURUSD is usually weaker in July so it should drag along EURJPY in the following month. This will be dependandt on the next set of data because the market will react to any negative/positive news regarding inflation/fed hawkishness.

Hope you enjoyed and i wish you good luck.

Zlecenie aktywne:

First tp hit. Looking to scale into shorts again from a bit higher

Transakcja zakończona: osiągnięto poziom stop:

stopped for the remainder of the trade. it went back up pretty fast :P. we will get it next time. thats why i tp 75% on the first tp and then 15% and 10%