Setup: Structure breakout
Confluence: Strong Bearish Momentum
I'm targeting GJ to drop further. However, price had dropped for some time already. Might running out of steam and can reverse anytime. If trade against my direction. I will reverse my position as well.
Entry:
Sell @ 132.10
SL @ 132.70 (60 pips)
TP @ 130.00 (210 pips)
Let me know your thoughts. Thanks :)
Trade closed manually
Closed the trade manually as I can see GBP gaining strength now.Disclaimer
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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.