laughingchartist

GBPJPY [1-3 weeks view] --

Short
OANDA:GBPJPY   British Pound / Japanese Yen
Short with Good conviction (--)

Entry: 141.50
SL: 142.20
TP: 134.50


Market is now within a long term bearish dynamic.
Trade active:
Moved stop loss lower to protect profits at 141.20
Trade closed: stop reached:
Market took out stop loss on spike. Trade closed. Risk free trade with small profits. However trade idea still seemed valid. I would be updating this.

Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
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