Today I tried to sell EURJPY with my stop loss placed at 169.07 and take profit at 168.65. On the M15 time frame, EURJPY is seen at the beginning of the decline, a large bearish engulfing formed, indicating that selling pressure began to dominate the market after a period of increase. The sharp decline was followed by several solid bearish candles, without any reversal formations such as hammers or dojis. This shows that the decline was not a momentary reaction, but rather part of a strong downward momentum.