motleifaul

Retracment Stopping

Short
motleifaul Updated   
FX:GBPJPY   British Pound / Japanese Yen
After the steep fall we saw a retracement that could not be completed. Thus I assume that the decline will continue now.
Trade closed: target reached:
I am taking a first profit now leaving another part of the position short in the market for further profit.
Trade active
Trade closed: target reached:
I am closing this deal. After Friday's rise I am taking the opportunity of the little downward correction to take profit finally now.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.