EJ Bears coming??

21 thg 10, 2021

JPY has been bearish significantly in the past few days, pushing prices across all pairs. Could JPY start to reverse? Well I hope so, and I picked up this EJ in specific as I like the price action I see. All are explained on the chart.

22 thg 10, 2021

Giao dịch đang hoạt động

Trade is working, but bears are facing resistance from bulls. Expect some momentum by Monday. Will take some profit at 1:2 and put my SL at BE.

25 thg 10, 2021

Giao dịch đang hoạt động

Price is still on a downtrend forming a flag pattern which worries me as it is a retracement pattern and could trigger a bullish breakout. Will be observing the price action at the London session open to decide what to do with this trade.

26 thg 10, 2021

Giao dịch đang hoạt động

Still holding to the position. Could extend towards the end of this trading week.

29 thg 10, 2021

Giao dịch được đóng thủ công

Closed the trade at 1:1 Profit as the bears momentum was not strong enough to take the bulls. JPY is still a safe haven, and the current financial outlook is optimistic, hence JPY is still weak!