A little messy, but took a short position in EUR/JPY. Daily descending channel, with prices consolidating around the top of the channel. Seems to be range bound unless it breaks below 0.5 fibonacci levels. Will be sizing out my positions at TP1 and leaving the rest to run till TP2. Pretty good Risk-Rewards ratio, that is why I have taken a bet on this pair.
TP1: 128.550
TP2: 127.860
TP1: 128.550
TP2: 127.860
Trade closed: target reached:
TP1 Achieved :)
Closed 50% of my trades and letting the rest roll till TP2.
Closed 50% of my trades and letting the rest roll till TP2.
Trade closed: target reached:
TP2 Hit. +90 pips on this trade.