Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Trade 5 - USDJPY short (pending)
U.S. Dollar / Japanese Yen
Short
Trade 5 - USDJPY short (pending)
By ChartL
Follow
Follow
Updated
Aug 14, 2020
2
Aug 14, 2020
Looking to short from recent resistance down towards support, good RR offered and multiple wick rejections of this area of resistance.
Risk - 0.5%
Reward - 2.5%
Aug 14, 2020
Order cancelled
No entry for this short, came within less than 4 pips of entry but missed. Pending order now removed and onto the next.
Price played out really nicely from the initial analysis including a small sideways movement at the dynamic/sloping trend line identified.
Trend Analysis
ChartL
Follow
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
.