malaterafael

Supply and Demand: USD/JPY Short

Short
malaterafael Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Zone= Minor daily tradeline broken. Forming a demand zone
Stacked with the weekly
4h star patterned appeared outside of the zone.

Cons: Pattern appeared outside of the zone.
Clear uptrend

Why still entered?
-Price is over extended.
-Confirmations aligned.
-Star pattern was clear.
Trade active:
STOP LOSS MOVED TO BREAK EVEN
Trade closed: target reached:
FINALLY! After 12 losing streak, Got the first win :D
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