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MaestroIce
Jun 5, 2018 2:24 AM

GBPJPY - 4H Short Idea Short

British Pound/Japanese YenFXCM

Description

After a 50% pullback, after seeing some consolidation and a 4hr engulfing to the downside; bears are back in the game and we might see continuation of the strong downtrend in higher time frames.

*Risk management is key!

Trade closed: stop reached

STOP LOSS HIT. Jumped the gun on this one. Currently hitting Daily trendline and bearish 4H doji. Looking to re-enter the sell again soon.
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