masterkeytrading

live USDJPY 6/11/19 6:15 pm

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
  • Daily candle showing consecutive top wicks
  • H4 structure downtrending & consolidating at 38.2 PRZ, invalid break gap above last high,
  • H1 valid BOS to downside
  • m15 valid BOS to downside
    Confluence Daily MA, 38.2 PRZ, H4 TL,
    Risk: 10-15, more than usual H4 is consolidating

Trade active
Trade closed manually:
Break even
Comment:
Price held under 108.5 resistance but consolidated until Friday morning where it popped back up.
Comment:
Good exit
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.