Entry Short Order on Daily USD/JPY Short

USD/JPYOANDA

Description

⋅ Jan 15, 2021 1:26 PM

- Price is riding under 200day SMA
- Downtrend confirmed by the price trading under the Ichimoku cloud
- I have smoothed the candle price action with heikin ashi and it looks possible for a further short
- Stochastic is overbought on the daily

Trade closed: stop reached

⋅ Jan 28, 2021 8:38 PM

Trend Analysis Chart Patterns

Comments

joselitocrypto

⋅ Feb 1, 2021 10:25 AM

Down trend exhausted buy the reversal