Potential Short on USDJPY

2023年12月10日

With the first trade working out on the USDJPY with the move from resistance of the top of the channel to the bottom with bearish RSI divergence its now setting up for another move to the downside with a break of the upward channel. For the second trade I am now looking for a retest of the break, there is some very good support with two trendlines converging @146.30 I will be looking for a rejection at this level and taking a entry with a stoploss at last swing high. Will be looking for a take profit at next resistance zone at around 138.00, it could be a bigger measured move with the channel pattern @131.00 so will use a trailing stop or move stoploss to last swing high if it gets to fist target area and update this idea if needed. Move SL to BE when safe to do so and good luck.

2023年12月12日

トレード稼働中

2023年12月14日

ノート

Have moved SL to breakeven @146.30 as there is good resistance there.

2023年12月15日

ノート

Looking for another entry on break of this rising wedge on smaller time frame

1月1日

ノート

Have moved SL to 142 as clear trendline at that area, free play for the bottom of the channel.

1月3日

手動でトレードを終了しました

SL on last swing low was hit for a RR 1:3 win