Fxprotrader
Short

GBPJPY: Sell Setup at Resistance

OANDA:GBPJPY   British Pound / Japanese Yen
608 views
26
Price has retraced to the upper parallel of a downsloping pitchfork into a corrective structure. Selling the market with sl and tp as shown in the chart is a nice idea..!
Apr 07
Trade closed: target reached: It might seem like pure luck, but believe me that the precision of the entry point and the profit target where the result of median line analysis and reading market structure. Well done for those who joined this setup :)

Comments

spoton. well done.
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Fxprotrader chimpsky
@chimpsky, Thanks :)
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Is your trade active now??
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Fxprotrader IshanTripathi
@IshanTripathi, Yes,it looks like i cheated a couple of pips, but while i was writing the idea price dropped slightly and i didn't notice to fix the risk/reward :) But it''s active :)
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IshanTripathi Fxprotrader
@Fxprotrader, Understood... Nice chart
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