British Pound / Japanese Yen
Short
Updated

GJ Sell Stop Aggressive

113
On H4, Price at a key resistance level, making a double top pattern
Coinciding with fib retracement of 61.8
Price near MA 50.

Going aggresive, not waiting for the market to violate the trendline below.

I assume, the market will continue the newly established downtrend.

Sell stop won't be considered valid if the trade isn't triggered by 13:00 EST

Thanks for reading. Happy trading
Trade active
Market currently testing the trendline. Will close the position if the market doesn't violate it.
Trade active
35 pips in profit. Moving SL to breakeven
Trade closed manually
The market hits Stop loss at breakeven. A scratch trade.
Note
No surprise there. It always goes in favor once I close my trade. 😄

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