Notice the consolidation was broken to the downside signifying GBPJPY will continue to run it bullish uptrend Risking 10 Pips with a Take Profit of approximately 68 pips
Note
I had mistakenly not taken into account the bigger bullish candle On Feb 13th 05:00 which would require more of a pullback to the 142.774 Level. I actually learned a great deal from this loss. Had the right direction but stop was a bit too tight for my entry. I definitely could of had a better entry knowing market structure was going to have a drop a few more pips more approximately to the 50% of the big bullish candle On Feb 13th 05:00.
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.
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.