OFFSHORE CHINESE YUAN / JAPANESE YEN
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CNHJPY 1hr 1month wedge breakout to the upside

160
Similar to the NZDUSD breakout play; we have consolidation along the upper edge of the wedge. This is a clear indication of impending breakout to the upside.

When the price hits that first moving average we will move the stop up to break even to lock in potential losses.
註釋
false breakout to the upside stopped me out, still I am willing to hit another trade except it could be short or long depending on the direction.
交易進行
short side breakout
交易結束:目標達成
17.0000 target reached
註釋
I am going to let this one run; I moved my SL to 17.0226 with an open TP at 16.8
註釋
Closed out completely.

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