Euro / Japanese YenShort
EURJPY -2% loss
Time of entry: 12:40pm
Reasons for entry:
- Downtrend
- 1h resistance
- 61.8 fib lining up with 1h res
Lessons learned:
- 1h resistance I should have waited for a close as it wasn't a 4h res
- Look up the timeframes before taking a trade, from looking at it price needed to pullback further for a proper correction it especially wasn't gunna tank further on a Friday with hardly any volume
Reasons for entry:
- Downtrend
- 1h resistance
- 61.8 fib lining up with 1h res
Lessons learned:
- 1h resistance I should have waited for a close as it wasn't a 4h res
- Look up the timeframes before taking a trade, from looking at it price needed to pullback further for a proper correction it especially wasn't gunna tank further on a Friday with hardly any volume
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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.
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.