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EUR/JPY Short-Term Sell Setup (1 Viewer)

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 EUR/JPY Short-Term Sell Setup (1 Viewer)

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skynoxon

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  • Entry: 161.00
  • Stop Loss (SL): 161.80
  • Take Profit (TP): 159.50
  • Potential Gain: +150 pips
  • Risk: 80 pips
  • Risk–Reward Ratio: 1:1.875
  • Timeframe: Short-Term
  • Bias: Bearish
Conclusion:
EUR/JPY is showing signs of a short-term bearish reversal after testing resistance. Selling at this level offers a favorable risk–reward opportunity, with potential for price to decline toward the take-profit target while the stop loss protects against unexpected upward moves.
 
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