GBP/JPY - Long from support
Updated
Hello,
This trade was triggered early hours (London time) 21st July.
The price stalled at support and and offered us a clear indecision candle on the daily (marked in yellow)
The trade then triggered a few pips above the peak of yesterdays candle. The target is 1.5R. However JPY foreign bonds news will be monitored throughout the night.
This trade was triggered early hours (London time) 21st July.
The price stalled at support and and offered us a clear indecision candle on the daily (marked in yellow)
The trade then triggered a few pips above the peak of yesterdays candle. The target is 1.5R. However JPY foreign bonds news will be monitored throughout the night.
Note
1R target reached, trade left open- stop loss moved to entry.Trade closed: target reached
Target reached, closed out nicely with 1.5R.
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