SWING TRADING: SHORT USDJPY. TARGET 126.800
Updated
TRADE TYPE: INSTANT ENTRY SHORT
TRADE DIRECTION: SHORT
TIMEFRAME: DAILY
ENTRY PRICE: 134.750
STOP LOSS: 136.350
TAKE PROFIT: 126.800
RISK TO REWARD: 1:5
ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed above supply zone / swing high
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
TRADE DIRECTION: SHORT
TIMEFRAME: DAILY
ENTRY PRICE: 134.750
STOP LOSS: 136.350
TAKE PROFIT: 126.800
RISK TO REWARD: 1:5
ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed above supply zone / swing high
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
Trade active
Trade closed manually
Close trade. Supply zone breached on daily charts. No loss. Breakeven
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