CHFJPY Short on 4-hr chart

Sorry this is late. My idea never posted last night, so I'm posting now.

• Strong down trend
  
• Pullback to resistance @ 122.00
  
• Reversal candle @122.00
  
• No clear strong support - shooting for at least 2x risk
  

Kommentar:

Entry was 121.865
Moved stop to +10 pips at 9am Eastern time

Kommentar:

Moved stop to 121.30 - last active low

Kommentar:

Moved stop to 120.10 - just above high 2 bars back

Trade wurde manuell geschlossen:

Reversal bar created at 119.00 which shows sign of support. Closing for 281 pips (almost 7x risk)