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Trader_97
Sep 14, 2016 9:50 AM

SHORT ON T.L BREAKOUT  Short

British Pound/Japanese YenFXCM

Description

now this trade may not look great from R/R standpoint and more because its aggressive to enter on breakout instead of the pullback but I feel it's still worth a shot after all I still have reasons to look for shorting opportunities since the Bullish channel is no longer intact but the bearish channel is and the previous high is also intact, just need the price to close out of the short term support to confirm if we will take this or not .

Trade active

Trade closed manually

Closing early on due to the Pound risk event tomorrow
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