GBP/JPY LONG

Yesterday move did not setup properly.

Price returned to fibzone/SR confluence, and has now done a fake break.

Sellers did not show up at test, and we are in LONG.

Trade active:

entry: 143.731

Comment:

Price has reached its next test for selling on the up move.

Initially, showing no real weakness... not enough to be worried about closing anything. Holding for now and watching to see if it goes through and closes above the test

Comment:

Now some weakness has revealed itself.

Closing 1/2 of the position, and moving stop up

Trade closed manually:

Out on the other half on the show of weakness again.

I'll take my profits and wait patiently.

Comment:

Second half of this setup showed up.