EUR/JPY Analysis :
EUR/JPY is moving in a downtrend by forming Lower Highs and Lower Lows in H4 Chart.
After market starts to reverse from the top zone of the downtrend line, EUR/JPY Sell signal is given.
Education Note :
Uptrend = Higher Highs and Higher Lows
Downtrend = Lower Highs and Lower Lows
EUR/JPY has went down +500 points in profit, but doesn’t reach Take profit target.
As per our signal guidance, we have changed stop loss price to entry price. EUR/JPY signal closed at entryprice level (break-even).
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