JPN225 2618 Short trade setup for FX:JPN225 by morshedul.sazid

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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... :(

IvanLabrie

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

morshedul.sazid

Yes, it's functional.

triggered))

Alexander_Nikitin

Yeap!