Just shorted USDJPY on the touch of the 61.8 retracement
This is a simple trade because we broke into new structure lows and are now retesting previous structure
First target is the 99.10 level
This is a simple trade because we broke into new structure lows and are now retesting previous structure
First target is the 99.10 level
Note
stopped out. was a simple trade indeed, a simple bullish correction breakout, as the impulse leg was an up-move and a new structure high.
#hindsight
learn and improve
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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.