Cenotaph
Short

USDJPY Short potential

FX:USDJPY   U.S. Dollar / Japanese Yen
There's a nice pinbar on the 4 hour chart that could indicate another reversal. If price makes it moves down enter for a good 1:2.5 RR trade.

Comments or idea's. Let me know below :)

Thanks for reading!
Order cancelled: Too much bullish price action, cancelled. Wait for a new signal for an entry
Trade active: Assessed the trade again today and entered
Trade closed: stop reached: Stop reached, unexpected price movement up. Maybe a wider stop above the recent high would have helped. Lets see, at this moment it didnt break above it yet.
Comment: Stop reached based on the new entry point i made, the old one is at this moment still valid
Had a fresh look at the pitchfork and where i drawn it before. I believe this is the reason for the SR break
snapshot
Reply
New entry point
snapshot
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