CGFJPY pin bar short opportunity

FX:CHFJPY   Swiss Franc/Japanese Yen
28 0 4
7 months ago
Price is trending down on this 6 hour time frame and confirmed by higher time frames. Price recently retraced and formed a bearish pin bar . Price has also retraced to the 50% Fibonacci level and previous support area , price is also touching the 8 and 21 period moving average . entry placed half way of trigger candle, stop loss is placed well beyond recent support and profit target is placed at the next area of resistance. Reward is 3:1
7 months ago
Trade closed manually: I decided to close trade manually as reviewing the reason for entering I discovered the pin bar trigger was due to a JPY news event and not market rejection, I am not confident this trade will continue as planned. I manually closed trade with small profit.
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