USDJPY SHORT:
E: 106.500
TP:103.242
SL: 106.99
RISK VS REWARD : 1:6
STRATEGY: TRENDLINES AND TRADEVIEW 1HR AND 1 DAY TECHNICAL ANALYSIS + USING 1 MIN AND 15 MIN FOR ENTRY
SL AND TP: PLACED NEAR SUPPORT AND RESISTANCE PSYCHOLOGICAL ZONES
E: 106.500
TP:103.242
SL: 106.99
RISK VS REWARD : 1:6
STRATEGY: TRENDLINES AND TRADEVIEW 1HR AND 1 DAY TECHNICAL ANALYSIS + USING 1 MIN AND 15 MIN FOR ENTRY
SL AND TP: PLACED NEAR SUPPORT AND RESISTANCE PSYCHOLOGICAL ZONES
Commento:
hopping for the resistance to hold and violate the new uptrend.
Commento:
may take partial profit at 104.70 because its a major resistance area.
Trade chiuso: stop raggiunto:
resistance failled to hold . expecting a rally to 107 and 108 area then a revesal.