USDJPY pin bar short opportunity

FX:USDJPY   U.S. Dollar / Japanese Yen
83 0 4
Higher time frame shows obvious down trend, daily time frame also confirms down trend. Price has retraced to an area of previous support and resistance and also the 50% Fibonacci level. Bearish pin bar has formed indicating sellers have regained control of price in the short term and with the overall downward trend pressure, sellers may be ready to continue the down trend. Entry could be placed half way of trigger candle and profit target set for next area of support. Reward is over 2:1.
Trade closed manually: Closing trade manually, I feel price is stalling and is not moving according to my original strategy. Reward is 2:1
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out