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theoris
Jul 8, 2017 6:39 PM

Short GBPJPY with small lot and wait for more... Short

GBP/JPYOANDA

Description

In TF H4 occur Divergence and It nearly hit weekly resistance ,I will entry short in small lot and set sell limit
I wait more confirmation in Bearish in next 4H bars.
if price if go down will set Break even when profit more than 20 pip
if price go up break more than 148.5 I will close with Stoploss
It make sense to small risk.

Entry : 146.8 - 147.9
SL : 148.5
TP : 141

Trade closed manually

Closed manually with Profit.
Its trend will be up in this period.
Comments
jojofang0901
Beautiful trade setup, thank you for sharing your view. I have similar idea as well on this pair.
theoris
@jojofang0901, Thank you , JPY pairs is so weak , I hope it will stronger than GBP in this week.
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