USDJPY-Short. Crab pattern on 4H. USD on resistance.

5 feb 2021

Short trade on 4 hours timeframe.
Crab pattern formed perfectly on 4 hours timeframe at an important resistance level.
Zig zag peak point is reached and forming another bearish line.
RSI currently forming for the downward momentum.

Trade details:
Entry: Around the area of 105.350 to 105.125.
TP: -TBD on update-
SL: -TBD on update-

We will keep the attention on the bearish break of the pink-colored trendline.
--Stay tuned for the update--

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6 feb 2021

Nota

Trendline broken as what we expected. Eyeing on the entry level on Monday. Stay tune.

8 feb 2021

Nota

Trade entry level, sell stop at 105.30.
Stay tuned for the update.

9 feb 2021

Trade attivo

Trade initiated at 105.300.

10 feb 2021

Nota

TP is really close, hopefully will be reached soon enough.
Stau tuned.

10 feb 2021

Trade chiuso: obiettivo raggiunto

TP reached at 104.450. Congrats to everyone that took the trade. Let's move on to the next trade.