GBPJPY short trade base on Wyckoff VSA principle.
Pre-Analysis:-
Entry:-
Post Analysis:-
- Loss trade (stop triggered)
- There was one element that I broke, which is price from H1 not below MA.
- As a rule base system trading, follow exactly the "TRADING RULES".
- This loss can be avoided.
- Below there is trade example that give profit with all rules been follow.
Trade example, EURCHF short:-
- Time of entry:- 7:15pm
- Setup:- no demand (nd) confirmation
- H1 timeframe also show price below trigger number and MA
- Potential profit of max 6R
