EURJPY, 31/08/15 @16:27 GMT

SELL@136.48 SL@137.10 TP@133.84

Monitor the pair from H1 Time-Frame and WAIT for an UPWARD Corrective move to finish.
Before you SELL, make sure that :

1. Price has closed below Tenkan Sen (red line)
2. Tenkan Sen slopes Downwards
3. Kijun Sen (blue line) slopes Downwards
4. Chikou Span (green line) has crossed below past price action and below past Kumo going DOWN

STAY IN while H1 Candlesticks close below Tenkan Sen. EXIT when a Bullish candlestick closes above Tenkan Sen. TRAIL your SL a few pips above Kijun Sen Plateaus.

Happy pips!


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.