British Pound / Japanese YenUpdated GJ potential start of downtrend?
Failing to break through 150.747
Head and shoulder formation?, high RR but risky, try to potentially catch the start of downtrend
TP 1 (50%) @ 148.762
TP 2 (50%) @ because anticipated support at 147.509
Head and shoulder formation?, high RR but risky, try to potentially catch the start of downtrend
TP 1 (50%) @ 148.762
TP 2 (50%) @ because anticipated support at 147.509
Trade closed: stop reached
Trade review:Trend still bullish. With such strong bullish momentum, reversals were less likely.
Price did not break below previous lower low @ 148.527, so consider as still trending.
Should practice by trading with trend first.
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