EURJPY Short Off 121 HANDLE - 6/30/2020
121 level is key
possible shift to DT structure (golden retrace rejection of the recent smaller bos + leg down)
fundamental asymmetrical risk
Invalid above 121.35
Scale Profits @ 25 / 50 / 100 + pips
120 would be an ideal 100ish pip target if we can get it
This would have to correlate with a weakness in equites (indices) and ideally spx500 is below 3050 to finish this week and this trade to play out
possible shift to DT structure (golden retrace rejection of the recent smaller bos + leg down)
fundamental asymmetrical risk
Invalid above 121.35
Scale Profits @ 25 / 50 / 100 + pips
120 would be an ideal 100ish pip target if we can get it
This would have to correlate with a weakness in equites (indices) and ideally spx500 is below 3050 to finish this week and this trade to play out
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