USDJPY Short
+ Weekly: Last weeks candle closed bullish & closed above 110.63. Price also closed above moving averages after rejecting off ascending trendline.
+ Daily: From previous analysis price completed head & shoulders pattern and has now rejected and closed below 111.44. Price still trapped in a triangle.
+ 4hr: Price is now in small consolidation at 111.62. Before entering short to 110.66 for pullback, need to becareful that price may spike to tap descending trendline for a 3rd touch.
Order cancelled
Going to look at this pair nxt week as NFP is taking place tomorrow.Trade active
Infact I am going to go for a sell with a very tight stop loss about 20-25pipsTrade closed: stop reached
Stop Loss was hit -20pips. On to the next trade.When trading please always remember risk management!!!!!!!
Trade active
Back in for a sell!Trade closed manually
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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.