Mitsubishi UFJ Financial group (#8306) 60 min - 5 wave down

Mitsubishi UFJ Financial group (#8306) - Tokyo is weaker stock in daily time frame. In last down move it seems 5th wave down after 4th wave triangle, which shown under-performance of the stock compared to Nikkei index. Sell with stops above 418 for target below 375.

Trade geschlossen: Stop wurde erreicht:

I am happy to announced that i took stop loss what i defined before the trade taken. But it's the part of trading, which will never take me down to the floor from my place.

Will watch closely on the stock for further action if needed.