FX:EURJPY A h4 inside bar (shaded white) has formed at a key resistance zone. I sold the pair at the low of the mother bar with stop loss at the bar's high. Entry price: 128.89 Stop loss: 129.6 Profit target: 126.9
Comment
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The daily bar has closed forming a strong bearish pin bar. I have hereby moved my profit target to 125.4.
Trade closed: stop reached
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Comment
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I will now wait for a second entry signal. But if price significantly crosses the 129.6 resistance area, my market sentiments will change to bullish.
Comment
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Price has significantly crossed the 129.6 resistance.My sentiments have now shifted to .