EURJPY Short term SHORT position

Euro Fx/Japanese YenFXCM

الوصف

⋅ ١٩ كانون الثاني يناير ٢٠١٧ ٠٧:٢٦

I'm basing this idea on two main keys

- Bat pattern
- Broken bullish trendline (lower pennant line)

.. And the bearish rotation supports the idea together with previous structure zones which should act as resistance. Lets not forget overbought conditions!

Second scenario, and one that would stop me out, is the retrace into pennant before continuing its decent.

Lets hope we get filled!

تم فتح الصفقة

⋅ ١٩ كانون الثاني يناير ٢٠١٧ ١٤:٣٧

Target adjusted for 38.2% fib of entire leg.

أغلقت الصفقة: تم الوصول لوقف الخسارة

⋅ ١٩ كانون الثاني يناير ٢٠١٧ ١٧:٣٣

Not this time. On to the next opportunity!

التعليقات

Ma_se_pip

⋅ ١٩ كانون الثاني يناير ٢٠١٧ ١٣:٤٢

I liked the idea so I put a trade in. However SL was triggered with that spike. I had the SL too tight. :)

timmynorin

⋅ ١٩ كانون الثاني يناير ٢٠١٧ ١٤:٣٩

@shaunsmith100, Damn, too bad! Would be great risk/reward with that kind of SL, but unfortunately the win chance goes down with it.. :)

المزيد