EURJPY Sell - trendline edge, the entry of another wave

EURJPY bounced off the upper edge of the trendline, offering a tight entry opportunity. To minimize risk, it may be wise to decrease the trade size. We can expect the formation of a descending wedge and a potential decline to the 138.5 area.

Trade wurde manuell geschlossen:

Closed with a small loss for now, will check it later.

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Reenter idea:

Trade ist aktiv

Trade geschlossen: Ziel wurde erreicht:

I closed the whole trade, happy weekend.

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I will post another idea if the trade finished its retrace:

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New post: