Potential SHORT on GBPJPY (Risk:Reward 1:5)
Candlestick broke below the support of 1H timeframe.
Wait for the candlestick to close.
Potential SHORT on the retracement and anticipate
bearish momentum to drive price to previous low.
Sell Entry: 154.820
1st Target Profit: 154.450
2nd Target Profit: 154.000
Stop Loss: 155.000
**Trade with the right mindset***
Feel free to comment if you have any question, like & follow @HM_fxtrading for more updates.
Wait for the candlestick to close.
Potential SHORT on the retracement and anticipate
bearish momentum to drive price to previous low.
Sell Entry: 154.820
1st Target Profit: 154.450
2nd Target Profit: 154.000
Stop Loss: 155.000
**Trade with the right mindset***
Feel free to comment if you have any question, like & follow @HM_fxtrading for more updates.
Comment:
Trade closed at breakeven.