SGDJPY ONE MORE DROP AFTER CONSOLIDATION?
Updated
1. Finally a close outside trendline and triangle
2. Previous 3 times price action has not been able to close outside the trendline.
3. Broke inner shorterm support as well with lower low of candle price action
4. Good risk reward
5. RSI crossed below 50 as well
2. Previous 3 times price action has not been able to close outside the trendline.
3. Broke inner shorterm support as well with lower low of candle price action
4. Good risk reward
5. RSI crossed below 50 as well
Note
Almost touched SL. Good to stick to the plan in times like these.Trade closed: stop reached
SL reached. ;Lower time frames had multiple signals to exit.
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