GBPJPY: another wave down?! Short

British Pound/Japanese YenFXCM

Description

⋅ Apr 24, 2018 4:46 PM

After rebounding from trendline sypport, GBPJPY reached the resistance area at which we short it before and could not achieve a successful breakout.

Trade: Sell GBPJPY at 152.15
TP1 150.80
TP2 149.00
SL 153.20

Comment

⋅ Apr 27, 2018 9:45 AM

First TP hit at 150.80 gaining +135 pips. book your profits and move your SL for the rest at 152.15 to enjoy your risk free trade.

Trade closed: target reached

⋅ Apr 29, 2018 11:05 PM

We Close the rest of trade here at 150.40 for +175 pips from entry at 152.15

Enjoy the profit.