U.S. Dollar / Japanese Yen
Short
Updated

USD/JPY Short

203
1. Intervention-fade (always live)
Sell Limit 146.00

Stop Loss 146.80

Take-Profit 1 144.50 – if hit, move stop to breakeven

Take-Profit 2 143.00

Good-till-cancelled: auto-cancel if not filled after 5 trading days

2. Break-and-retest (place this only after a daily candle closes below 145.00)
Sell Limit 145.20

Stop Loss 146.00

Take-Profit 1 144.00

Take-Profit 2 143.00

Good-till-cancelled: auto-cancel if not filled within 5 trading days of being placed

Rule: the moment one of these orders fills, cancel the other so you never have two USD/JPY shorts open at the same time.
Note
Break and retest #2 conditions never met. No daily close below 145. 146 sell limit still order valid
Trade closed manually
im closing 146 limit based on weekly close above 146. sell limit of 145.2 never materialized based on conditions.

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.