GBPJPY, Continuous upward: BUY

FX:GBPJPY   British Pound / Japanese Yen
GBPJPY , Continuous upward: BUY
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Trade closed: stop reached: exit with tight SL
News oppose your analysis
+1 Reply
Cant get them all Tong
+1 Reply
next time you ll get it!
+1 Reply
DatTong CryptoBullet
@CryptoBullet, thanks!
Im still in short position..
is it possible to buy from here? price bounce back from h4 0.618 fibs at 55-60 and in in that case it could be the beginning of new H4 trend to around 129-130 and 131-132 ? R:R could be awesome !
DatTong farsheed
@farsheed, It's an interesting question because to Fibo fan, it's a good place to Buy and the price has its own chance to go up from here. But from my trading style, the R/R is not good enough.
farsheed DatTong
@DatTong, in this kind of enter i use this h4 Low that we are already is in -10 pip as sl, because if price want to move like what i said, it should,t go below 0.618 and bouncing harsh in order to continue the trend, so its worth the r:r, enter 127.80-up, sl at 127.50 ( we have 127.70 as 0.618, 127.60-65 monthly S2 ) and aiming for first station at 129.60-70 )
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