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OptimistMan
Aug 20, 2020 1:35 AM

ABCD pattern confrimated by a stochastic bearish divergence Short

U.S. Dollar/Japanese YenFXCM

Description

if we look attentively price broke frankly the trendline and just pullback to it (and more over approximatively to the 0,618fib

there is a big bearish divergence on stochastic meaning the bearish trend isnt over.

im entering short till next support, sl can be tighter using price action on 1h TF

first we have to wait for a small confirmation before entering this trade

Trade active

bearish butterfly in 15min TF

Comment

took half automatically at 1:2

Comment

hold the rest

Comment

took the rest because usdjpy have too low volatility

better trade other pairs
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