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Sellstop

USDJPY older trade still activeI predicted a breakout A while back I will link to. I thought after the trade had hit my sell stop that it had come up and tapped my stop loss as well but I wasnt paying close enough attention and as this wasnt a real trade live or demo I was just judging it by sight. So good news is I didnt get stopped out. It has made a slight retrace and is still positive and I believe it is ready for further downward movement as it is at a resistance level right now. Daily stochastic also pointing to continuation. Price seems to have finally come out of the channel and looks to be breaking downwards. Although technical analysis is never an exact science no matter how good you are so I wont rule out a possible last kiss formation where price comes back higher and touches the bottom of the channel one last time.
Short
by nicktarver144
EURAUD 4H Triple Top PatternPrice tried to breakout of double top resistance and make higher highs. Breakout failed and is creating a bearish candle pattern. Sell Stops are listed Take Profit is listed Macd is currently in a buy position being above the 0 level line. Bullish Continuation Trend failed Possibly will make Macd fall below 0 level line Macd will be my stop loss if below 0 level line If Macd goes above 0 level close out sell trades If Macd is below 0 level confirmation of sell trades.
Short
by Tradingstrategyguides