EURJPY - Sell
Price is in a range but down trending on the 1H
Price has retraced to 50% of the downward move and taken out Stop losses from the consolidation.
We are looking to continue to the sell.
Could do with a wider SL in case it retraces to rebalance the bearish ICs above but if taken out, we will re-enter from above
£ = liquidity resting point (where stop losses and buy/sell stops are held)
X = the liquidity has been taken out by the banks
Price has retraced to 50% of the downward move and taken out Stop losses from the consolidation.
We are looking to continue to the sell.
Could do with a wider SL in case it retraces to rebalance the bearish ICs above but if taken out, we will re-enter from above
£ = liquidity resting point (where stop losses and buy/sell stops are held)
X = the liquidity has been taken out by the banks
Note
widening SLTrade fermée: cible de profit atteinte
beautiful play
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.