Do Pending Orders Work?

A very clean chart on EURJPY. Uptrend broken. Looking for it to pullback as resistance and drop. Testing to see if setups can be traded in this way or do we constantly have to monitor charts for rejection?

NOTE: This is a journal purely for documentation and NOT a signal!

İşlem aktif:

Yorum:

100 pips up. SL moved to entry.

İşlem elle kapatılmış:

What a shame! 230 pips up and price hit break-even