Bearish Signal - Short Call
Dow - Bear (Lower low and lower high in place)
Candles - Bear (Hanging Man formation @ 4Daily charts at the top of trend)
Trend - Bear (Bullish Trendline Broken)
Support & Resistance - Bear (Price bouncing off daily resistance levels)
Divergence - No divergence
Bulls Vs Bears
00 - 04
Important - Yen index (JXY) bouncing from daily support levels. Strong bullish run in Yen is expected
Mentions Level
Stop Loss
Take Profit Entry
Risk to reward ratio = 1 - 1
Risk ratio 5%
Dow - Bear (Lower low and lower high in place)
Candles - Bear (Hanging Man formation @ 4Daily charts at the top of trend)
Trend - Bear (Bullish Trendline Broken)
Support & Resistance - Bear (Price bouncing off daily resistance levels)
Divergence - No divergence
Bulls Vs Bears
00 - 04
Important - Yen index (JXY) bouncing from daily support levels. Strong bullish run in Yen is expected
Mentions Level
Stop Loss
Take Profit Entry
Risk to reward ratio = 1 - 1
Risk ratio 5%
Trade closed manually:
Closed Manually after reaching 70% of target price and 3,5% profit out of overall 5% risk trade. Closed trade since its Friday so i am expecting profit taking in second half.