One hour timeframe of GBPJPY:
1.GBPJPY is sudden to spike low with the long body of selling candlestick,and if the candlestick was breakout of the resistance trend line, it might be hitting my confirmation entry target. Be instead, if I were entry while the long selling candlestick was forming, and the market chart is sudden to pullback, the entry level is a dangerous zone on the trade
2.Condition of forex trading account:
Real Account on XM Trading: $ 28.20
Lot Size: 0.01 per trade compounding
Entry Trigger Point:134.900
Take Profit:133.308
Stop Loss:135.290
Risk and Reward:4
1.GBPJPY is sudden to spike low with the long body of selling candlestick,and if the candlestick was breakout of the resistance trend line, it might be hitting my confirmation entry target. Be instead, if I were entry while the long selling candlestick was forming, and the market chart is sudden to pullback, the entry level is a dangerous zone on the trade
2.Condition of forex trading account:
Real Account on XM Trading: $ 28.20
Lot Size: 0.01 per trade compounding
Entry Trigger Point:134.900
Take Profit:133.308
Stop Loss:135.290
Risk and Reward:4