Lit7leBoy

#6 - Price Action 4H - 1H - 30M

Short
Lit7leBoy Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
4H: Identify trend following of 4H
- Buy when uptrend
- Sell when downtrend
- Wait if sideway

1H: Observing the price action at the key level (breakout, retest, false break)

30M: Finding the best entry for perfect Risk/Reward ratio
Trade active:
Comment:
Move SL lower, above the key level
Comment:
Move SL down and above the next key level
Comment:
Price nearly hits my SL, but it's a false break. Price continues moving down.
Comment:
Move SL to lower key level

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