Last week EURJPY formed 2 4hr pin bars, which were followed by the breakout of the neckline on the 15m chart. Based on this, we anticipate a retracement and a potential downtrend in the pair today.
Trade closed manually
Closed at the entry, later in.Note
I will reenter when the price below the trendline:Trade closed manually
Closed this trade, the trade is invalid now. -1%Note
The refine post has been shared:
Note
Failure Note: the power candle didn’t show up, and the bearish volume wasn’t enough.
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Related publications
Disclaimer
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.