USDJPY +5.0PIPS
Reasons for entering SHORT
- We had already moved away from key level 100.750, so I thought the next target would be 100.500
- Dragon was going down and I liked the inclination
- Other time frames were bearish (M5, M15)
- Very strong JPY on CSM
- After a huge red candlestick on volume, waited for some consolidation and entered two candlesticks after a red candlestick. Since the red candlestick was a bit small, I waited a bit to see if PA kept bearish.
Got my target and exited!
Reasons for entering SHORT
- We had already moved away from key level 100.750, so I thought the next target would be 100.500
- Dragon was going down and I liked the inclination
- Other time frames were bearish (M5, M15)
- Very strong JPY on CSM
- After a huge red candlestick on volume, waited for some consolidation and entered two candlesticks after a red candlestick. Since the red candlestick was a bit small, I waited a bit to see if PA kept bearish.
Got my target and exited!