NZDUSD Short

٢٢ يناير ٢٠١٩

SELL IDEA

ENTRY: 0.6710
SL: 0.6760
TP: 0.6570

Price has broken out of the cloud with a Dark Future. We also have bearish fractals pushing out passed the cloud. Kijun is above price, but pretty far away as well.
I set my entry below the S/R level drawn in pink (daily timeframe).
Signs are pointing towards bearish, but we'll have to wait and see.

٢٦ يناير ٢٠١٩

أغلقت الصفقة: تم الوصول لوقف الخسارة

Price came back to take me out of the trade.

Price did come in contact with Daily Support. I should have taken this into consideration before going short.

I need to refine my edge more. Ichimoku is best for a TRENDING market, but when it's not we must use other tools.
- S/R levels
- Fibs
- Trendlines
- etc.