CHFJPY - Short 3 to 1 - Trend Continuation trade

Hello all

This trade meets my entry requirements, Bearish engulfing a few hours ago at Resistance (indicated with the down arrow)

Retrace of that candle by 50% - I am now in that trade manually - Price action by the bulls is small compared to the bearish candle.

It has started to roll over and make lower highs and lower lows too

I am conscious of the Bulls winning the daily candle battle, so it could climb higher, however rules have been met and I am in the trade


Thanks for looking

Duncanforex.com coming soon.

Trade attivo:

Hi all, trade is still active however stop is moved to 108.82 to halve my risk.

Trade attivo:

trade still active, however being watched closely due to back and forth price action today

Trade chiuso manualmente:

Hi all, trade closed manually in small profit on Friday after Trump changed his mind on trade taxes