Small short trade of the GBPJPY after the breakout of the trend line.
Major resistance on the upside.
Retest of the breakout is expected before price moves up again.
Major resistance on the upside.
Retest of the breakout is expected before price moves up again.
Trade closed manually:
Update September 14:
Looks like the BoE had something against this trading idea...
I placed the SL to break-even just before the announcement (when trading on smaller timeframes than daily, I usually close my trades before major announcements like that).
Lets see if price can break the major resistance on top or not and maybe open another short trade.
Looks like the BoE had something against this trading idea...
I placed the SL to break-even just before the announcement (when trading on smaller timeframes than daily, I usually close my trades before major announcements like that).
Lets see if price can break the major resistance on top or not and maybe open another short trade.