AnriErikanov
Short

excellent short setup USDJPY

FX:USDJPY   U.S. Dollar/Japanese Yen
65 0 1
10 months ago
Ok here it is :

If price reaches to the trend resistance line I am looking to short also stops are set above the previous horizontal resistance lines and it is also above the fibonacci 0.618 retracement and it gives us a very good risk to reward
tight stops can be placed because if it breaks higher the wedge pattern is not valid anymore

Btw if youre interested here is my strategy that really works for me :
Less risk Great reward with chart patterns, RSI divergence and bollinger bands and I also draw alot fib clusters,time etc...
10 months ago
Trade closed: target reached

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out