Hey traders,
here on USDJPY we touched an important daily level at 116.000 and now price is losing some strength. In 15m chart we clearly are in a downtrend and price action is retracing giving us the opportunity to sell the market at a better level.
We can enter the market using the Bat pattern above, or we can wait for price to enter the orange zone and then search for entry reasons like engulfing kicker and double tops. It's up to you and your personal trading style.
Stop in patterns should stay above X, target down at 38.2 and 61.8% retracement of the AD leg.
You can also shoot for extended targets.
If you have any question, don't be shy and comment below.
Otherwise, see you in the next chart!
here on USDJPY we touched an important daily level at 116.000 and now price is losing some strength. In 15m chart we clearly are in a downtrend and price action is retracing giving us the opportunity to sell the market at a better level.
We can enter the market using the Bat pattern above, or we can wait for price to enter the orange zone and then search for entry reasons like engulfing kicker and double tops. It's up to you and your personal trading style.
Stop in patterns should stay above X, target down at 38.2 and 61.8% retracement of the AD leg.
You can also shoot for extended targets.
If you have any question, don't be shy and comment below.
Otherwise, see you in the next chart!
주문취소됨
Price came within 2 pips from my entry and then hit targets. Not valid anymore for my rules.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.