Short GBPJPY now, then Long later

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

trendanalysis chartpattern harmonicpatterns

Open short order now, and after touching previous support and generated an arrow pattern, it could go North. trade based on reward/risk ratio.

Comment:

Move stop to open price.

Comment:

Close the short order. Get 149.148 - 148.335= 81.3 points.

Comment:

Long order opened. Move stop to 147.70

Comment:

Move stop to 148.40

Comment:

Short order closed. Get 149.148 - 147.106 = 204.2 points profit.

Comment:

Move long order's stop to 148.87

Comment:

Move long order's stop to 149.60

Comment:

Move long order stop to 149.90

Comment:

Move stop to 150.30

Comment:

Move to 1.5170

Comment:

move to 1.5190

Comment:

1.5190 - 1.4728 = 462 point in long order closed.

462 (long order) + 204.2 (short order) = 666 points total profit !!!

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