USDJPY Short Fakeout Trade - 2nd entry
USDJPY Short Fakeout Trade - 2nd entry
We closed above Weekly High with and return below the zone then we broke the Weekly high again and return below again.
Stop Loss 10 pips above the new wick: 144.788
Take Profit: 144.022
1. R:R 1:1, 0.5% Risk
2. After reaching TP closing half and moving SL to Breakeven
3. Trailing the rest with market structure on M15 and later H1
Close the loser before hitting full SL if price moves back to the breakout level without follow-through.
Close the winner if a reversal signal forms (e.g., engulfing pattern, pin bar), especially on higher timeframes like H1.
We closed above Weekly High with and return below the zone then we broke the Weekly high again and return below again.
Stop Loss 10 pips above the new wick: 144.788
Take Profit: 144.022
1. R:R 1:1, 0.5% Risk
2. After reaching TP closing half and moving SL to Breakeven
3. Trailing the rest with market structure on M15 and later H1
Close the loser before hitting full SL if price moves back to the breakout level without follow-through.
Close the winner if a reversal signal forms (e.g., engulfing pattern, pin bar), especially on higher timeframes like H1.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.