EURJPY Descending Channel

I've been waiting for a short on EURJPY for a long time and believe it is happening now. Descending parallel channel + rejection = nice short. XXXJPY pairs are all going to drop soon which adds to the multiple confluence. Related ideas below. Although already in the trade, it could pull back to entry price again, providing another opportunity.

עסקה פעילה

הערה:

Accidently added to comments section but it's here now too.

Daily View:

Weekly View:

הערה:

TP extended to another monthly level due to current market movement. RR = 6.64

עסקה סגורה: היעד הושג:

Trade closed at the original TP. +4.12 RR