EURJPY Buy TF H4 TP = 160.18

On the H4 chart the trend started on Dec. 8 (linear regression channel).

There is a high probability of profit taking. Possible take profit level is 160.18

But we should not forget about SL = 153.08

Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!

Good luck!
Regards, WeBelieveInTrading