GBPJPY UPDATE
trade moved bullish how I expected so I moved my SL to break even for a safe trade. However, during this trade I was wary when noticing a consolidation zone (red circle). When rejecting I closed 50% of my trade earning me 10 pip (151.850) leaving the other 50% to run. The second candle formed (marked on graph) closed out my second trade giving me 10/20 pip profit.
Always look left, consolidation zones can reject your move!
Always look left, consolidation zones can reject your move!
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.