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Jan 29, 2019 8:59 AM

GBP/JPY LONG Long

GBP/JPYOANDA

Description

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.
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