A model of continuation of the downward trend is forming - a downward consolidation.
Trade active
Note
Note
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
Note
Consider the situation in the stock markets. Possible target levels for S&P and NASDAQ:Nikkei:
When target levels are reached on indices, we can think about re-opening a short position on the yen.
Trade closed manually
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.
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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.