LegionWolf

Possible 200 pip drop GBPJPY

Short
LegionWolf Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
Watching FIB Golden Zone 38~50% to enter the trade.
By the candle formation I could enter a sell already, I would just wait for the next candle actually. But no rush, I want clearly confirmation. If it breaks below my fib levels I will sell and catch those pips.
I need to be carefull because Japan is in great recession.
Trade active:
Partials taken at 131.411 as it found some support above the area I was expecting, SL to entry and running risk free. I always think about trading in a way that if it's running for one day and the price find some support/resistance around certain areas, I close partials and move SL to entry. If it reaches my initial target, cool, job completed. If not and it hits my SL at entry, at least I got profit and didn't lose anytime rolling on a trade. Time is money.
Trade active:
Closing this one as well, moving really slow and then I have time to look for re-entry next week if that's the case.

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