GBPJPY looks like it may form a small bearish Doji to close the week this week right at the resistance created by previous structure since Brexit.
If the Doji does form, I'll likely look to enter short at the beginning of the next week, targeting the support shown by the purple box and depending on price action in that area I may target the lower support area indicated by the blue box on my chart.
If the Doji does form, I'll likely look to enter short at the beginning of the next week, targeting the support shown by the purple box and depending on price action in that area I may target the lower support area indicated by the blue box on my chart.
Comment:
SL moved to 143.129
Comment:
If it closes this week forming a weekly bullish doji, I will close the position.
Comment:
If it closes this week forming a weekly bullish doji, I will close the position.
Trade closed manually:
Closed trade for profit of 444.2 pips