Entry Short Order on Daily USD/JPY
- Price is riding under 200day SMA
- Downtrend confirmed by the price trading under the Ichimoku cloud
- I have smoothed the candle price action with heikin ashi and it looks possible for a further short
- Stochastic is overbought on the daily
- Downtrend confirmed by the price trading under the Ichimoku cloud
- I have smoothed the candle price action with heikin ashi and it looks possible for a further short
- Stochastic is overbought on the daily
Trade closed: stop reached
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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.