Newmount_Trading_Exchange

GBPJPY Short on Break of Zone

Short
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY is looking like another sell this week. Waiting for a break of the 4hr support area before entering.
Once this is broke we expect a run down to 136.741, may experience some support around the 139 zone, so will be actively managing.
Trade active:
Moved SL to Break Even as approaching a weekly level of Support.
Currently up 66 Pips.
Trade closed manually:
Found support on weekly support line on 23/08/17. Held for two 1hr candles expecting the market to break. market couldnt break so manually closed after a 1hr dragonfly dojo.
+60 Pips

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