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SYduck
Jul 11, 2019 11:12 AM

gbpjpy short Short

GBP/JPYOANDA

Description

Instead of takig gbpusd short, i'm taking this
reasons:
1) no clue what USD is doing so avoiding correlation with it
2) RBD formation
3) Layered supply
4) GBPUSD touching HTF 2nd supply zone after cutting through the first one.

Trade closed: stop reached

maybe should have taken area till wick above on 4h instead of minimising on 1h
note:
1) LTF to minimise zone by moving entry instead of stop area
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