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Newmount_Trading_Exchange
Aug 21, 2017 10:07 AM

GBPJPY Short on Break of Zone Short

British Pound/Japanese YenFXCM

Description

GBPJPY is looking like another sell this week. Waiting for a break of the 4hr support area before entering.
Once this is broke we expect a run down to 136.741, may experience some support around the 139 zone, so will be actively managing.

Trade active

Moved SL to Break Even as approaching a weekly level of Support.
Currently up 66 Pips.

Trade closed manually

Found support on weekly support line on 23/08/17. Held for two 1hr candles expecting the market to break. market couldnt break so manually closed after a 1hr dragonfly dojo.
+60 Pips
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