There was slight struggle when hitting the level in which the B leg formed, once crossed I opened a short position initiating the continuation trade, with correlating pairs showing vast GBP weakness SL above the B leg and higher candle at 33 pips.
If market conditions continue, should be able to ride it down to 138.338 before watching price action to see if a long position presents itself.
If market conditions continue, should be able to ride it down to 138.338 before watching price action to see if a long position presents itself.
Trade closed manually
Price action on the GJ chart and correlating pairs now show a buy signal. Trade was closed and re-entered long
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Disclaimer
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.