USDJPY Short Fakeout Trade
USDJPY Short Fakeout Trade
We closed above Weekly High with and return below the zone, structure became bearish
Stop Loss 10 pips above the new wick: 144.824
Take Profit: 144.002
1. R:R 1:1, 0.5% Risk
2. After reaching TP closing half and moving SL to Breakeven
3. Trailing the rest with market structure on M15 and later H1
Close the loser before hitting full SL if price moves back to the breakout level without follow-through.
Close the winner if a reversal signal forms (e.g., engulfing pattern, pin bar), especially on higher timeframes like H1.
We closed above Weekly High with and return below the zone, structure became bearish
Stop Loss 10 pips above the new wick: 144.824
Take Profit: 144.002
1. R:R 1:1, 0.5% Risk
2. After reaching TP closing half and moving SL to Breakeven
3. Trailing the rest with market structure on M15 and later H1
Close the loser before hitting full SL if price moves back to the breakout level without follow-through.
Close the winner if a reversal signal forms (e.g., engulfing pattern, pin bar), especially on higher timeframes like H1.
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.
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.