Price moved a lot higher to fill the overnight gap down.
My idea yesterday became invalid but this gives me a better entry:
https://www.tradingview.com/chart/EURJPY/euiS5wcB-EURJPY-Finally-ready-to-reverse/
Gap down suggests general direction and now the gap has been filled, supported by a pinbar on the 1hr I'm getting in short with a first TP at 156 (ultimately I think 154), but I think this could be the start of the reversal.
My idea yesterday became invalid but this gives me a better entry:
https://www.tradingview.com/chart/EURJPY/euiS5wcB-EURJPY-Finally-ready-to-reverse/
Gap down suggests general direction and now the gap has been filled, supported by a pinbar on the 1hr I'm getting in short with a first TP at 156 (ultimately I think 154), but I think this could be the start of the reversal.
Trade active
Note
Let's go, looking like double top on the retrace...Note
Targeting 156.8 rather than 156 just due to the recent PA on this pairTrade closed: stop reached
Carry on waiting...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.