tntsunrise
Long

GBPJPY UPDATE: Support founded at 2.618 ext

FX:GBPJPY   British Pound / Japanese Yen
4288 23 82
GBPJPY             SUPPORT FOUND AT
2.618 EXT

After break 154.70 the previous low ( we were stopped at 154.50 and hence protect our account
from losing another 300 pips)
this pair falls rapidly and goes to the
2.618 ext of the BC             LEG.
Now the reversal candlestick is founded
and i will wait patiently to buy the pull back
eg: seller tried twice but fail to break new low.
152.50 is my intended buy price

zoom in to 30min
neck line is founded at 152.50
I will buy the pull back
and SL below 151.70
TP1: 153.80
TP2: 154.57
Trade active:
snapshot
Comment: SL: 152.60 .
Comment: NOW IS 155.83
nice reversal
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I took the trade from 152, had similar views. good call
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Nice Rally to 155
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sallyben tntsunrise
Hi Jack, will there any chance of getting back to 152?
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This was very nice Jack, good call!
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jack why is ideal pullback level 152.50 but sl is above at 152.60?? must be an typo
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tntsunrise TOP DAVID_GIRALDO
that is another trade.
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Do you think it will still drop, I am shorting it right now up 425 pips
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eagle eyes jack
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I guess I'm late looking at 2TP
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is it too late to join the party
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