Get started
ANGBlack

EUR/JPY FAILED SIGNAL 02/10/23

Short
Euro / Japanese Yen (FX:EURJPY)  
ANGBlack Updated   
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis EURJPY eurjpyshort eurjpysignal smartmoney smartmoneyconcepts smartmoneysetup
1
1
trendanalysis chartpattern waveanalysis eurjpy eurjpyshort eurjpysignal smartmoney smartmoneyconcepts smartmoneysetup
Trade Details (M5 TIMEFRAME)

Sell Limit Given @158.300

  • Entry: 158.300
  • Take Profit 1: 158.200
  • Take Profit 2: 158.130
  • Take Profit 3: 158.000

  • Stop Loss: 158.360

Simple Reasoning

  1. Change of character (Aggressive Entry)
  2. What we thought was LQ taken (False Signal)
  3. Price by the looks of it took proper LQ and then waterfalled down.
Trade closed: stop reached:
Bad timing with no patience!

It happens to the best of us. We continue to learn
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.