EURJPY - Bearish Crab - 4HR
Updated
EURJPY - Bearish Crab - 4HR
Look for price to come break under XAD, buy on retest on 1HR TF
RSI way overbought.
Waiting confirmation for entry.
Look for price to come break under XAD, buy on retest on 1HR TF
RSI way overbought.
Waiting confirmation for entry.
Note
1/2 position opened on failed to reach high againTrade active
Ahha good nights sleep.1/2 position on failed second high as in the comment
1/2 position on 1st candle closed after breaking the TL (this is my general rule on position in harmonics. Dont buy on XAD without looking at price action, wait for the reversal signs unless very godo reasons like a 1 minute time frame :)
Note
A solid reaction from the PRZ requires good momentumThe line I have drawn here, if broken I will re-evaluate the trade, as momentum is broken, and the trade could end up being a temporary reaction only.
Trade active
Taken some profits, moved SL to break evenTrade active
Another trading parcel taken on tweazer tops reject off TL, looking for 40 pips on this tradeTrade closed: target reached
40 pips reached, short term trading TP hit while sleeping
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