CCI decreased, HA Candles shows impending reversal, TDI flatten in overbought region. Abit of a risk play as HA candle did not turn red yet and TDI slope has not gave a convincing bear slope but the RR on this pair is too attractive.
Trade active
Entry: 112.03 TP: 111.45
Cautious with this trade as it is counter-trend therefore I am taking the 21 EMA as a TP point but if 5 EMA prove a resistance, I will close position then.
Trade closed manually
Bear don't look convincing. Lately JPY been crazy so don't wanna risk it.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.