Amir_fx

Selling opportunity on GBP/JPY

Short
Amir_fx Updated   
FX:GBPJPY   British Pound / Japanese Yen
Three confirmation :
- The rejection of the 0.50 Fibonacci level
- The precedent multiples retests on the lower timeframes of the resistance level which give us clear information that the market can't break it
- This could be the last swing low to reach the support level of the market and to swing back high after
Thank you.
Trade active:
Trade going in our direction, a bit slow but looks good.
Either way we placed our stop loss in positive so we get some before the week-end.
(only if it get back up)
Comment:
Trade in good profits, the market moved a lot during the night.
Trailing once again my stop loss above the last high of the market so we can secure once again more profit to limit the risk.
Comment:
Trade going down to the same point as this morning, it was about tho hit our stop loss but we good.
I once again pushed my stop loss down and down to secure money.
Trade closed: stop reached:
Trade closed took profit at 50 pips because I don't want to hold it through the week-end.
Thank you for following the idea. :)
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