rludvik

GBPJPY - another -0.618?

Short
rludvik Updated   
FOREXCOM:GBPJPY   British Pound / Japanese Yen
Following previous moves, this pair has all chances to go way down. Notice how it "obeys" -0.618 levels on every big move. Counting on short enter in red area with marked SL and TPs.
It may also just break below 136.90 and run - in this case I'll short one part on breakout and (hopefully) the rest on retrace.

Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Trade active:
Missed breakout, started adding now on pullback.
Comment:
Added more.
Comment:
First part closed at TP1, SL lowered to 135.30.
Trade closed manually:
Hit SL in profit.
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