EURJPYA h4 inside bar (shaded white) has formed at a key resistance zone.
I sold the pair at the low of the mother bar with stop loss at the bar's high.
Entry price: 128.89
Stop loss: 129.6
Profit target: 126.9
Note
The daily bar has closed forming a strong bearish pin bar.I have hereby moved my profit target to 125.4.
Trade closed: stop reached
Note
I will now wait for a second entry signal. But if price significantly crosses the 129.6 resistance area, my market sentiments will change to bullish.Note
Price has significantly crossed the 129.6 resistance.My sentiments have now shifted to .
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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.