4xtr8r

GBPJPY Short Trade

4xtr8r Updated   
FX_IDC:GBPJPY   British Pound / Japanese Yen
7
After a huge run up looking for reversal on GJ. Scale out on short side as you are in profit. Stop and reversal back long at 148.53 (as of now).
Comment:
Scaling out at 1st 50 pips... leaving rest to run.
Comment:
1st scale out reached at 146.53... holding rest.
Comment:
Looking to scale out again around 145. Buy reversal around 147.5-148.
Comment:
Good point to scale some more... leaving rest to run. Long reversal now around 147.
Comment:
Stay short. Reversal only around 145.
Trade closed manually:
Reversed long at 144.53.

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.