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JLJ002500
19 Jan 2018 pukul 20.29

USDZAR - Short after R/S zone retest Penjualan

U.S. Dollar/South African RandFXCM

Deskripsi

Price moved below my support (now resistance) zone. I opened a short trade after a retest & hold.

Short @ 12.1742; current SL @ 12.3430

My current position is modest. I wanted to be more conservative since we are going into the weekend.

1M:


1W:

Last two completed bars failed at pushing higher. It is oversold. Bears could get rejected as well, however the current candle is almost complete.

4H:

pinbar formed support. Retested R/S zone, which gave me an opportunity to enter short trade. I would like to see price move below 12.065.



Trade aktif

I added to position (larger lot size than initial) @ 12.19432

I took profits on the original position and about 1/2 of the new short entry.

Currently, I'm still short @ 12.19432. I also have sell limit orders in place to add to my position if price pulls back.

Trade aktif

Price never pulled back to execute any of my Sell Limited Orders. Initial position still open with substantial gains. No firm TP set at this time.

Trade aktif

Key level's I'll be looking at.

Trading ditutup: target tercapai

Took profits at 11.86525

Very nice trade. Possibly will reenter if pull back occurs.

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