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Apr 28, 2020 2:20 PM

SGDJPY ONE MORE DROP AFTER CONSOLIDATION? Short

SGD/JPYOANDA

Description

1. Finally a close outside trendline and triangle
2. Previous 3 times price action has not been able to close outside the trendline.
3. Broke inner shorterm support as well with lower low of candle price action
4. Good risk reward
5. RSI crossed below 50 as well

Comment

Almost touched SL. Good to stick to the plan in times like these.

Trade closed: stop reached

SL reached. ;Lower time frames had multiple signals to exit.
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