morshedul.sazid

JPN225 2618 Short trade setup

Short
FX:JPN225   Nikkei 225 Index
230 views
23
Hey traders: we have a double top V structure violation and after that price seems to touch 19786 and there would be a good short opportunity. Stops at 20114 and Take profits will be taken at 19460 and 2nd one will be 19219.
Trade closed: target reached: Smooth winner.

Comments

Such a wide SL!

Good one but so wide... :(
+1 Reply
Honestly I dont trade this setup often: I just take the ones which suits my intuition :P. A proper V shape Double top/bottom thats what I look for.According to backtest it shows it has 55% accuracy, Its still not that good, but I dont mind taking it :P If the RR is atleast 1:1
Reply
IvanLabrie morshedul.sazid
Yes, it's functional.
+1 Reply
triggered))
+1 Reply
morshedul.sazid Alexander_Nikitin
Yeap!
Reply
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