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JimmyDoesASX

GBPJPY Idea long retracement back up Fib and Stoch used

Long
British Pound / Japanese Yen (FX:GBPJPY)  
JimmyDoesASX Updated   
FX:GBPJPY   British Pound / Japanese Yen
Technical Indicators GBPJPY IDEA LONG Forex trade Fibonacci Retracement
2
0
indicator gbpjpy idea long forex trade fibonacciretracement
My idea is that the pair will retracement to previous highs. Reward to risk ratio is there for a favourable ratio. SL employed to mitigate risk.
Trade closed manually:
Trade idea closed. Downward movement has continued.
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