Today I tried to sell EURJPY with my stop loss placed at 165.86 and take profit at 165.05. If I look at the movement of EURJPY on the M15 time frame From a candlestick perspective, the most prominent pattern is a series of large bearish candles that appear in succession when a sharp decline occurs. This pattern can be categorized as a bearish breakout momentum, which is often a strong signal of the continuation of a downtrend. In addition, before the decline occurred, there appeared to be a reversal candlestick formation such as a small double top and a rejection pattern indicating that buyers were starting to lose control.
