legegg

short USDJPY, split targets, 2 zones

FX:USDJPY   U.S. Dollar / Japanese Yen
Downtrend since 2015, attempting to catch a short to continue down. First combo has a re-test where I have set 2 targets, first target realistic, 2nd optimistic if I catch whole down-trend move as per price since 2015. A second 'contingency zone has been set above initial zone as this is the further combo to the further left where the most recent combos have turned price from. Mindful of the risk that my first combo is reacting of the initial zone where my second zone is identified and may go straight through, BUT, evidence of a re-test, hence trade placed. Simulated trade.

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