Here we have another idea. After taking a loss trying to catch a reversal to soon, the obvious solution seems to be joining the trend. I shorted EUR/JPY at the close of the bar breaking consolidation zone @ 98.21(blue rectangle in Fig. 1-1).
Since there is no logic support nearby, I'm gonna let this one run until it hits weekly support @ 95.00, providing a nice 1:4 ratio.
Fig. 1-1
Entry @ 98.21
Stop loss @ 98.96
Take Profit @ 95.00
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