USDJPY: Bullish Trap
Whats up everyone?
This is a quick update about my trade from yesterday.
We are looking at the USDJPY pair on the 4h timeframe. We saw a massive bullish trap on yesterdays trading close.
We are short from the top, where the trap happened. Our first position also was stopped out.
Price did break old highs within an hour although no news were happening.
Came back all the way down and obviously even lower within a short time period.
Imagine how much stops and orders were laying above those highs. Imagine how much money was made...
Wishing you guys nice trades and a great weekend!
This is a quick update about my trade from yesterday.
We are looking at the USDJPY pair on the 4h timeframe. We saw a massive bullish trap on yesterdays trading close.
We are short from the top, where the trap happened. Our first position also was stopped out.
Price did break old highs within an hour although no news were happening.
Came back all the way down and obviously even lower within a short time period.
Imagine how much stops and orders were laying above those highs. Imagine how much money was made...
Wishing you guys nice trades and a great weekend!
Note
Easy retest of the trend line!Trade fermée: cible de profit atteinte
Wow. Great Trade! Closing with nice profits.
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.