UJ big HnS forming?
my trading plan was to reverse when 114.61 was hit from the blue channel breakout,....
it went on to visit the level above
the is a nice H1 bearish engulfing candle forming atm i'm short from114.854, sl at breakeven
target below 112
my trading plan was to reverse when 114.61 was hit from the blue channel breakout,....
it went on to visit the level above
the is a nice H1 bearish engulfing candle forming atm i'm short from114.854, sl at breakeven
target below 112
Note
closing half of short for 120 pips at 113.68 ,... rest at breakevenNote
although i had lower targets for this trade i'm taking the rest off for +100 pipsNote
i closed shorts way too earlyon the other hand UJ presented a fakey on H4 timeframe, faking out the 2 lows of the right shoulder, this could lead UJ back up to 114.61 without hurting short structure, playing this move through GJ longs
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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.