444 pip GBP/JPY Short
What's everyone thinking about this GBP/JPY short?
Broke a trendline structure to the downside last week whilst at a strong daily support/resistance zone. Waiting for a retest of this daily zone to form a double top then will enter for a short till the next strong daily zone.
Broke a trendline structure to the downside last week whilst at a strong daily support/resistance zone. Waiting for a retest of this daily zone to form a double top then will enter for a short till the next strong daily zone.
Note
Closed half for 107 pips profit as it's at a support/resistance zone. Stop loss has been moved to entry price and will continue to hold the remaining half of the position.Note
Currently running at 220 pips in profit! Have been trailing my stop loss and will continue to do so until TP is hit or I am stopped out in profit!
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