EURJPY SHORT
I am thinking price is slowing at resistance here (you could argue a "bearish engulfing candle"), MACD, a potential throwback to previous resistance, making it support "change of polarity" and a nice ascending trend-line should help make this a nice trade. No red flag news approaching...lets take it! 1% risk, 2:1 RR - Happy Trading!
Trade closed: stop reached
Well, there you have it, a failed trade..but, if i was up for the 1% gain I would have gone to break even and notice how much price respected that support level. Always learning. 1% risk 2:1 RR -Happy Trading.
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
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