USJPY SHORT SELL IDEA
USDJPY
afyer retest
sell short
until 0.5 / 0.618 fib level
On the chart displayed, there's a trading strategy that involves waiting for a price retest following a break of structure. A detailed analysis suggests that, once the price retests the significant level and shows clear signs of rejection, we should prepare for a potential short (sell) entry. Specifically, the strategy will focus on waiting for the price to break below the support provided by the bullish channel trend. Upon such a break, and with confirmation from additional signals such as increased volume or bearish candlestick patterns, a trader might deem it appropriate to enter a short position. The aim is to maintain this position until reaching the predetermined take profit point, which is typically a previously identified support level or an optimal risk/reward ratio according to one's trading strategy.
afyer retest
sell short
until 0.5 / 0.618 fib level
On the chart displayed, there's a trading strategy that involves waiting for a price retest following a break of structure. A detailed analysis suggests that, once the price retests the significant level and shows clear signs of rejection, we should prepare for a potential short (sell) entry. Specifically, the strategy will focus on waiting for the price to break below the support provided by the bullish channel trend. Upon such a break, and with confirmation from additional signals such as increased volume or bearish candlestick patterns, a trader might deem it appropriate to enter a short position. The aim is to maintain this position until reaching the predetermined take profit point, which is typically a previously identified support level or an optimal risk/reward ratio according to one's trading strategy.
Trade fermée: ordre d’arrêt atteint
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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.