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Mr.Pip
Jul 10, 2017 4:57 AM

GBPJPY Potential SHORT (Daily) #37 Short

British Pound/Japanese YenFXCM

Description

This is a wonderful chance to catch some nice profit! Looking at a conservative 1:3 Risk:Reward ratio; I am willing to move my TP to a 1:4-6. Entered at the .50 retracement of the daily rejection candle of the past highs (highlighted in circle). Remember guys, this game is all about probability and simplicity! Enjoy!

Comment

I am now looking for a 1:5 on this trade.

Trade closed: target reached

Easy 1:4 RR
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