Pullback + Inside bar trade
Updated
Breakout and Pullback trade setup gives us shorting opportunuty
As price breaks ascending trendline and pulls back to test it
Inside bar pattern formed at testing area
Therefore, we can short USDJPY here 113.930
Target: 113.660
Target2: 113.366
Stop Loss: 114.150
Trade profit: 1/1; 1/2.49
As price breaks ascending trendline and pulls back to test it
Inside bar pattern formed at testing area
Therefore, we can short USDJPY here 113.930
Target: 113.660
Target2: 113.366
Stop Loss: 114.150
Trade profit: 1/1; 1/2.49
Trade active
Trade closed: target reached
tp1 hitTrade closed: target reached
TP2 is hit! 1/2 RR
Note
Single inside bar trading system gives us 1/4 RR
Cool!
Note
Great!
1/9.6 RR
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