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BE.FX

Short GBPJPY on 4 Hour Break + Retest

Short
British Pound / Japanese Yen (FX:GBPJPY)  
BE.FX  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Support and Resistance Supply and Demand short GBPJPY gbpjpyshort nakedtrading nakedforex forexfamily chartanalysis
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trendanalysis supportandresistance supplyanddemand short gbpjpy gbpjpyshort nakedtrading nakedforex forexfamily chartanalysis
GBPJPY

4 HOUR
snapshot

Lot Size .05
Entry: 147.662
Stop Loss: 147.943
Target: 146.646

Entered this trade around 7:30am and price has been ranging since. Seems like it waiting for news to come out which is due in around 1 hour and 20 minutes.

Undecided about closing position because I have a small lot size and price has never really substaintly broken and closed back above the breakout area.

1 HOUR
snapshot

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