A possible 1000+ pips down for a pattern based trade setup

FX:EURJPY   欧元/日元
256 0 4
A short/sell opportunity here on a weekly TF. This could be another long term swing to the downside for almost 1000 plus pips to target profit 1. As for the pattern completion, the price hits a certain levels of support and resistance . Any candle that could close (on the weekly) just on the lower trendline (diagonal support) I could go on and look for sell setup on the lower timeframe. We will see from here. Good luck!

Caveat, trade at your own risk. Trades are subject to be at risk and money manage with different objective as yours. I will not be held responsible for any losses that occur in your account. You and you alone are responsible for deciding if you are comfortable accepting the risk involved in trading the Financial Market.
评论: On the bigger picture, completion of the bear pattern hits a certain major market structure (e.g. sup/res, trendline)
评论: I am watching closely on this market.
评论: If you have entered on the completion you are now on a 450 plus pips gain. You may now manage your SL by adjusting and locking profits.
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