What's everyone thinking about this GBP/JPY short?
Broke a trendline structure to the downside last week whilst at a strong daily support/resistance zone. Waiting for a retest of this daily zone to form a double top then will enter for a short till the next strong daily zone.
Broke a trendline structure to the downside last week whilst at a strong daily support/resistance zone. Waiting for a retest of this daily zone to form a double top then will enter for a short till the next strong daily zone.
Comment:
Closed half for 107 pips profit as it's at a support/resistance zone. Stop loss has been moved to entry price and will continue to hold the remaining half of the position.
Comment:
Currently running at 220 pips in profit! Have been trailing my stop loss and will continue to do so until TP is hit or I am stopped out in profit!