Get started
U.S. Dollar / Japanese Yen
Short

JPY: continuation of the downtrend.

By Gelium
Updated
A model of continuation of the downward trend is forming - a downward consolidation.
Trade active
snapshot
Note
snapshot
Note
snapshot
Short position was temporarily closed with a profit of 109.24. Similar small consolidation on the Nikkei index. It may be possible to use a rollback up for a short-term long position.
Note
snapshot
Note
Consider the situation in the stock markets. Possible target levels for S&P and NASDAQ:
snapshot

Nikkei:
snapshot
When target levels are reached on indices, we can think about re-opening a short position on the yen.
Trade closed manually
snapshot
I'm waiting for a new signal for a new idea. :)
Trade closed manually
Result: profit 230 points for the first position. Initial profit factor (profit / loss)> 8.
jpyjpyshortUSDJPYusdjpyshort
Gelium
Also on:

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.