kuroFX

I almost forget to post my trade today.. :p
Today I’m back to focus at GBP/JPY. I found a signal to entry Sell position at this morning.

At 4 Hours chart, I draw a minor Down Trendline. So that trendline became a Resistance. When I add Moving Averages periode 14, chart looked retracement until touch MA 14. Because a minor Down Trendline meets MA 14, I guess it could be a Strong Resistance. So, I tried to entry Sell position before I go to office to work. And then CCI indicator gives support for my analysis that chart is between 100 and -100 levels. So, it could be chart would continue Bearish.

And then, this is the condition of GBP/JPY now.. ^^

I wish Target Profit can be touched by prices. 😀

Cheers,
Kurosano

tonight before I go to sleep, I want to post my entry position that I did at 10.00 pm.

That is a EUR/USD chart at time frame 4 Hours. I see some interesting signal that gived by chart to me. If I use CCI (Commodities Channel Index) indicator, I see a divergence (look at Blue-lines). And then, at chart, there is a Dark Cloud combined by Shooting Star. After that candlestick, its bearish confirm candlestick.
So, I try to entry Sell position. Wish it’ll go down until 1.3654.

Cheers,
Kurosano

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UPDATE

TP Hit successfully… ^^