USDJPY potential Short!
Currently looking for a short app in UJ. Am waiting for the 2am candle later (+8GMT Malaysia time) for confirmation. If the price still remain bearish, we will have a inverted hammer, and downside is expected :D
Reasons to enter:
1. 61.8% fibo level was tested nicely, and
2. EMA 21 also was tested and hope it last.
3. Trendline was broken and tested with a long upper tail! Downside is expected!!!
Entry: Sell somewhere near CMP 112.35, or sell limit at 112.50 (61.8% fibo levels)
TP: 111.60
SL: 112.75
Happy trading and trade safe all! =D
Reasons to enter:
1. 61.8% fibo level was tested nicely, and
2. EMA 21 also was tested and hope it last.
3. Trendline was broken and tested with a long upper tail! Downside is expected!!!
Entry: Sell somewhere near CMP 112.35, or sell limit at 112.50 (61.8% fibo levels)
TP: 111.60
SL: 112.75
Happy trading and trade safe all! =D
交易結束：達到停損點
Trade hit SL. Had a -38 pips :( Stay strong all ;) Thats how we roll, we learn from mistake, and Come back wiser. Had too tight my sl >< will watch out for UJ next time.
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