Torey industries, Tokyo - 1 Hr sell trade will be about to trigger, as the stocks is in downtrend and underpeformer than tokyo index JP225. Check the count as i am thinking of going to short within 1-3 days after confirmation in smaller time frame. Will see what happened next.
Trade closed: stop reached
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The structure turned out to be a ABC rather than throught of impulse.
What I learn: 1). Always have a bigger time frame clear count before any trading. 2). Market direction is more important in trading.