USD/JPY SHORT - Shooting Star/Rejection of Weekly Level/Trend

2017年2月5日

Descending Trend line bounce, a gravestone doji created when price tried to react from the weekly level and go back above it, which was a retest but got rejected. The pair is in a descending channel in the process of making a LL.

TP @ 111.55
SL @ 113.187
R/R @ 1.54

2017年2月6日

註釋

SL moved to breakeven. Price made a new low.

2017年2月7日

註釋

Price literally missed TP by 3 pips. This has happened before. Price is heading back upwards, but i believe it will hit the trend line and reverse back down to the downside, so I have moved my SL back to its original position.

2017年2月7日

註釋

Lower trend line was not drawn as snugly as it should have been. If it had been, my TP would have been slightly higher.