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PipEater1
Feb 23, 2023 5:31 PM

CJ Sell Order Short

Canadian Dollar/Japanese YenFXCM

Description

Cj may start to follow route with the other jpy paid. it seems to be bearish but is still in a demand zone so once broke out of the demand it should be a valid sell. Sell order at 99.240

Comment

sl hit
Comments
JoeChampion
Nice mate!
Sina13701991
How would you say It should be Valid sell? you mean Close a 4H candle below the Demand zone? or just going under the Demand zone. If it's just pushing under the Demand zone it already happened. Is your trade active?
Retained
@Sina13701991 this trade should be a breakout trade, try using sell stop for this setup
PipEater1
@Retained, thanks that wouldve been the safer approach
Sina13701991
@Retained I'm in the position right now.

I entered in 99.980 in first time.
SL is 101.300 and TP is 98.200
PipEater1
@Sina13701991, you got a good point shouldve waited for a close below demand zoneand retest
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