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alitrading_
Mar 7, 2019 2:43 PM

GBPJPY Short

GBP/JPYOANDA

Description

Will be waiting for a retest.
PLAN:
We have already broken and closed below support zone
Wait for retest
Wait for confirmation on the 30min that price wants to continue moving down so wait for like a dojo or bearish engulfing candle.
Upon confirmation take a sell with a 15-20pip stoploss.

We do have some traffic on our way down so if i take a trade i will be moving stops into profit around 15-20pips deep or keep stops at break even. Haven’t been posting much analysis as I’m still waiting for results on previous analysis.

Comment

Analysis is still active

Comment

added to spreadsheet.
Comments
DanielHiscutt
nice
alitrading_
@DanielHiscutt, hah nahhh not nice, i never got a key candle on the 30min :( a nice doji did appear on the 15min but taking trades off 15min key candles is like digging your own grave
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