2618 ttade GBP/JPY 1hr chart
we have had the double bottom and price action has already retraced in to the 0.618 fib level so we are in good trade with great risk/reward ratio
Entry was at 1.3027
Stops are at 129.40
Target 1 is at 132.12 (0.382 fib level)
Target 2 is at 133.85 (0.618 fib level)
Entry was at 1.3027
Stops are at 129.40
Target 1 is at 132.12 (0.382 fib level)
Target 2 is at 133.85 (0.618 fib level)
Trade closed: stop reached:
Stopped out on target 2 for + 10 pips
Roll stops to break even for target 2