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justinholtgrave
Jul 12, 2017 3:09 AM

GBPJPY - Bearish Engulfing Short

British Pound/Japanese YenFXCM

Description

GBPJPY has formed a bearish engulfing candle on 7/10/17. Price failed to break above previous support. SL set above previous highs, TP set around 61.8% fib level near the trendline.

Trade closed manually

Trade closed at break-even. I will look to re-enter after the close of the next bearish engulfing candlestick on the daily chart.
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