GBPJPY Sell
Updated
Trend on daily is almost reacted the top and it at the top of 4hour trend. Looking for long-term downwards target of around 142.000 which, is the the bottom of daily trend.
I’ve increased the stop-loss due the pair being so bullish that accuracy is difficult for me to execute correctly, something I will be working on with future trades and back testing. I’ll also hold a smaller position and maybe add position if opportunity to capitalise arise.
Any comments on suggestion or my analysis would be greatly appreciated.
I’ve increased the stop-loss due the pair being so bullish that accuracy is difficult for me to execute correctly, something I will be working on with future trades and back testing. I’ll also hold a smaller position and maybe add position if opportunity to capitalise arise.
Any comments on suggestion or my analysis would be greatly appreciated.
Note
Stoploss at entry.
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