Monday short position was stop out on Tuesday nikkei session leaving me -5% on the table. however every position that i take are carefully measured & calculated. after i let the price action to develop to show me weather short bias are still valid, Wednesday daily close tells me it is. i re-drew my neckline from 6 November 2017. i see a clear touches as well as the re-test of the neckline with the bearish pinbar daily closed. i decided to short at the nose of the pinbar and targeted 1.4740 with stop at 1.5159
Trade closed manually
SHORT PROJECTION INVALIDATEDTrade active
Short projection activated because the price are showing reversal pattern below 1.5200 key of resistance
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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.