Double top GBP/JPY
double top has been made at 0.618 fib level so I am looking for fall from here. Also 4H and 1D structure are both bearish. There is FVG gap on 4H (yellow rectangle) with 15M FVG at the green line which might reject the price. So
SL 191
entry 190.6
TP1 189.9
TP2 188.8
SL 191
entry 190.6
TP1 189.9
TP2 188.8
Trade active
TP1 hit. Strong hold for TP2Trade closed: target reached
I closed my position, good 230 pips of profit
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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.