USDJPY, Breakout neckline SHS pattern on H1--> Sell Short

USD/JPYOANDA

Description

⋅ Oct 7, 2018 10:20 AM

- Maintrend: Uptrend
- Tendency: Upward
However:
- Test resistance Weekly --> Given doji candle
- H1: SHS pattern, breakout neckline
--> Downward pullback on H1
==> Sell

Comment

⋅ Oct 8, 2018 10:31 AM

Move stoploss lto entry

Trade closed: target reached

⋅ Oct 8, 2018 11:18 PM

Comments

UnknownUnicorn1935409

⋅ Oct 7, 2018 12:21 PM

I have shared a similar setup on the 4hr. waiting for break of trend-line. then retest of neckline.

DatTong

⋅ Oct 7, 2018 1:05 PM

@ALS_FOREX_90, Yep. Good idea !