GBPJPY Broken Range

FX:GBPJPY   British Pound / Japanese Yen
178 4 1
Rationale in the chart. Get long on buyers remorse.
Not sure what just caused the massive GBP sell off, but I already took profit when we hit the 159.200 goal in the chart earlier. Money where my mouth is: I'm reloading here for another push toward 159.200. In @ 157.885 s/l 157.200 t/p 159.200.
sedemmler sedemmler
Lost confidence so I t/p'd the above position at 158.650 for a little under 80 pips profit.
sedemmler sedemmler
Made money all the way up. Maybe next time I won't be a wimp about it.
Well on our way to the target.
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