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Lasertrade
May 11, 2017 10:09 AM

GBPJPY short Short

GBP/JPYOANDA

Description

Overbought, probable retracement, then later breakout. Wait for daily candle to show new lower candle, then sell with S/L @ 148.800

Comment

15min chart shows good entry point if breaking through resistance

Comment

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entered early, original S/L @ 148.200, now already set break even

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Changed S/L from break even to 147.000

Comment

.. because price could retrace back up to resistance:
Comments
patterntrader
In fact, this chart provides a different perspective of the market. This type of charting idea never passed through my mind. It is always good to keep in touch with professional traders.
Thank you for sharing this chart. Continue your good work.
Lasertrade
Changed S/L from break even to 147.000
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