USDJPY M15 - Intraday Short

Wait for Double Top confirmation for quick reversal on price. Price reached Higher time frame selling area.

Entry: 110.473
SL: 110.676
T1: 110.273
T2: 109.970

May all of your trades be green and achieve all your financial goals!

Yorum:

The level identified couldnt hold as buying pressure was higher. Trade would have achieve a 1:1 ratio if trade is entered at a slightly lowered price of the Sell Area instead of a deep entry price, it would have hit 1:1 risk to reward ratio where in our trading methods to shift Stop Loss to Entry (SLE) and have a Risk Free Trade (RFT).

Suffered a small loss in this trade but it is ok as long as proper fund management is in place.