Having another go at this long
In my previous USDJPY idea, I cut losses prior to the third wick down taking out my stop loss. Could it have been a stop hunt?
Now price has failed to break below the support zone multiple times, almost like a triple bottom. Now on the H4 we can see a pinbar followed by 3 white knights candlesticks; momentum might be starting to build up.
Idea is still the same as my previous idea. Good luck
Now price has failed to break below the support zone multiple times, almost like a triple bottom. Now on the H4 we can see a pinbar followed by 3 white knights candlesticks; momentum might be starting to build up.
Idea is still the same as my previous idea. Good luck
Transaction en cours
Note
Ideally, I want to see price action make a local higher high today. Otherwise, I will conclude this as a dead cat bounce and cut losses.Trade fermée: ordre d’arrêt atteint
Trade P/L: -150 pips / -100%
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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.
Publications connexes
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.