USDJPY potential Short!
Currently looking for a short app in UJ. Am waiting for the 2am candle later (+8GMT Malaysia time) for confirmation. If the price still remain bearish, we will have a inverted hammer, and downside is expected :D
Reasons to enter:
1. 61.8% fibo level was tested nicely, and
2. EMA 21 also was tested and hope it last.
3. Trendline was broken and tested with a long upper tail! Downside is expected!!!
Entry: Sell somewhere near CMP 112.35, or sell limit at 112.50 (61.8% fibo levels)
TP: 111.60
SL: 112.75
Happy trading and trade safe all! =D
Reasons to enter:
1. 61.8% fibo level was tested nicely, and
2. EMA 21 also was tested and hope it last.
3. Trendline was broken and tested with a long upper tail! Downside is expected!!!
Entry: Sell somewhere near CMP 112.35, or sell limit at 112.50 (61.8% fibo levels)
TP: 111.60
SL: 112.75
Happy trading and trade safe all! =D
Trade fermée: ordre d’arrêt atteint
Trade hit SL. Had a -38 pips :( Stay strong all ;) Thats how we roll, we learn from mistake, and Come back wiser. Had too tight my sl >< will watch out for UJ next time.
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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.