Sell GBP/JPY
On the weekly we saw that the last candle left a huge wick, and that on a resistance zone.
On the 4HR, we saw that support became resistance. I look for another zone to the downside.
I will place the SL above this high on the 4HR. I will risk 1%. My entry price was 148.849
SL- 149.45
TP- 145.064
On the 4HR, we saw that support became resistance. I look for another zone to the downside.
I will place the SL above this high on the 4HR. I will risk 1%. My entry price was 148.849
SL- 149.45
TP- 145.064
Note
HOOOOLDDNote
I personally closed half of my positions with loss, and placed the stoploss at 105.6. I think it is better to give it some space.
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