USDJPY - 4H - SHORT
Updated
Another try, but in my opinion a more risky one.
Daily TDI shows loss of strenght for bull and 4H candle shows a cross so we can expect short momentum to continue until 112.0X.
It could develop in stronger trade if successfull. In this case I will be monitoring Daily TDI to check global picture.
Entry, SL and TP on chart.
I will update this one every 4H.
Daily TDI shows loss of strenght for bull and 4H candle shows a cross so we can expect short momentum to continue until 112.0X.
It could develop in stronger trade if successfull. In this case I will be monitoring Daily TDI to check global picture.
Entry, SL and TP on chart.
I will update this one every 4H.
Comment
Either we get a big drop on the next candle or this was just a bounce and in this case it will hit SL quickly.Trade closed: stop reached
Try again...Comment
A little feedback on this trade, two rules were not met for my strategy :- RSI was above 50 so bullish action
- PA within PAC so higher probability of ranging price
Comment
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