Based on previous analysis of GBPJPY, the trade came out to be a winner. Target was 300pips but market printed 275 pips (satisfied). Usually I close my trade if the moment on intraday changes from the desired to unwanted, thst means in this case the desired momentum was bullish but at a certain time the market started rejecting download (bearish momentum establishment) so i close se the trade and take all the profits already made!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.