JPN225 2618 Short trade setup

FX:JPN225   Nikkei 225 Index
229 5 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.
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
IvanLabrie morshedul.sazid
Yes, it's functional.
+1 Reply
+1 Reply
morshedul.sazid Alexander_Nikitin
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out