CAD/JPY Sell limit
Updated
Looking to play between the levels on this pair. Reversal at resistance zone.
On lower time frames we've seen a change of structure - we have broke a level of support and created a lower low.
Entry - Looking for a pullback and lower high to enter a short. Stops above previous structure.
Using sell limits as i feel it can help remove emotion and indecisiveness. If we don't get tagged in, onto the next one - simple.
Risk - 1%
Target 3%
On lower time frames we've seen a change of structure - we have broke a level of support and created a lower low.
Entry - Looking for a pullback and lower high to enter a short. Stops above previous structure.
Using sell limits as i feel it can help remove emotion and indecisiveness. If we don't get tagged in, onto the next one - simple.
Risk - 1%
Target 3%
Trade closed: stop reached
Feedback - On review entering a sell limit over night was not a great idea. Moving forward i will stick to my plan and trade only the london/us sessions
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.