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laughingchartist

GBPJPY [1-3 days view]

Short
British Pound / Japanese Yen (FOREXCOM:GBPJPY)  
laughingchartist Updated   
FOREXCOM:GBPJPY   British Pound / Japanese Yen
Trend Analysis Technical Indicators Chart Patterns GBPJPY Forex trading investing charting Technical Analysis thelaughingchartist
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trendanalysis indicator chartpattern gbpjpy forex trading investing charting technicalanalysis thelaughingchartist
Short GBPJPY
Entry: 146.015
SL: 146.900
TP: 144.200

  • Market broke below ascending trendline support (now resistance)
  • H&S pattern seen forming
  • Market holding below EMA and MACD now in bearish environment
Trade active:
Moved SL to protect profits and trade is now risk free.
Trade active:
Market pulled back. Managed to enter to add to my position.
Trade closed manually:
Market structure and technical elements have changed. Trade close with some profits locked in.
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
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