GBPJPY SHORT H4
Updated
Closed my LONG position at the false breakout. Minimized losses while opening a SHORT position on the possible movement to the downside.
The RSI is largely overbought while the Resistance is holding same as what it did last 20th April. This is a possible reversal
This is a somewhat strong position. Will be closing 75% of my trade @ TP target and will let the other 25% run on a trailing stop
The RSI is largely overbought while the Resistance is holding same as what it did last 20th April. This is a possible reversal
This is a somewhat strong position. Will be closing 75% of my trade @ TP target and will let the other 25% run on a trailing stop
Trade active
Closed half of my profit.Moved the SL to breakeven at entry price.
Now this is a risk free trade, you can trend follow to a deeper level
or stick with the target
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