GBPJPY once again reaching an interesting point for the week, my long setup would be at the weekly 50% retrace, target 143.7 to be safe and sl at the low of the week.
However if price breaks 141.7, then the direction would be short imo. For that I would use triple the size of my long to make profit for the week since there ain't too much "free" pips.
Long: enter price @ 142.5, tp 143.7, sl 141.7
Short: enter price @ 141.7, tp 141.3, sl 143.4.
Only valid for this week.
However if price breaks 141.7, then the direction would be short imo. For that I would use triple the size of my long to make profit for the week since there ain't too much "free" pips.
Long: enter price @ 142.5, tp 143.7, sl 141.7
Short: enter price @ 141.7, tp 141.3, sl 143.4.
Only valid for this week.
Trade active:
Long position got stopped out, short trade entered at 141.7. Might add another short at 618 retrace depends on price action.
Trade closed manually:
Closed manually at 141.35