Previously stopped out on this trade setup a few days back, price climbed above the 52wk high and is now at the .5fib level of ATH/ATL . Daily candle closing as shooting star and price is extended more than 300 pips from Kijun-Sen, also bearish div apparent on the 4hr. Taking a short entry on the first bear fractal break.
Looking good. Areas to watch are marked on the chart. [img][/img]
註釋
Bringing SL into profit, check the image. Mind price action at the fib levels too, this uptrend is strong and the retracement may not be as deep as I hope. [img][/img]
註釋
Took profit on this set up. Price pulled back to our zone but I missed the entry, looking for for the kumo breakout to the downside on the 4hr [img][img]
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Bearish div on the daily as the market approaches the .5fib of ATH, again looking for weakness in this zone for another short. [img][/img]
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Moving SL into profit though expecting this to run [img][/img]
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Stop loss moved down above the bull fractal [img][/img]
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Took profit, will keep an eye for another short entry [img][/img]
註釋
Target hit if you happened to take the short on OCT 10 [img][/img]