U.S. Dollar / Japanese Yen
Short
Updated

USDJPY Short 1.4:1 RR

86
Clean trade developing. Very good 1H candle before (a clean high-test).
Will see how it goes. There are some risks that we must be aware of to be able to exit early if necessary.
Trade active
In.

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Waiting for this 15M candle close.

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15M pattern line drawn through O&C prices is our line in the sand.
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Closed right on the line, but the volume is very low. Still holding, although being a bit wary for possible early close around here.

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Running well. Some levels in the way that must be smashed ti have confidence. If these levels are rejected instead - we're out early.

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Still holding.

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We get a close below this dotted line - we're moving stop to reduce risk. This is our checkpoint.

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Moved stop to 144.772. Reduced risk from -1 to -0.23. 4 times. Clean.

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15M candle closed bearish, but still above levels. Not ideal, but not bad either. Keep holding.

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Good 4M close. Keep holding.

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Moving stop to BE to 144.743. No risk anymore.

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Good 15M close. Keep holding.

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Running well, keep holding.

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Still holding.

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15M might be retesting the levels from below to continue going down. Will see. Stop is at BE anyhow.

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Good 15M candle close.

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Amazing 4M close. Survived on the stop. Waiting further and holding.

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Trade closed: target reached
tapped target. Clean. +1.20.

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