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EURJPY: Potential Breakout Trade (Trading Plan)



EURJPY is currently trading within a descending triangle formation.

wait for a 4H candle close below its horizontal support to short the pair.


next goal will be 122.0


safest stop is above the last lower high within the triangle.


remember that it is a conditional trading setup.

in case of a bullish violation of a falling trend line setup will be invalid.

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