GBP JPY short on 30M
Updated
Same situation as on Wednesday. Fall after news got "canceled out" and now there is new opportunity for greater short. It is likely to fall from either 190.1 resistance or 190.5 resistance and fall until 188.8 where 4H support is located.
SL at 190.6 because if it breaks 190.5 we might see a reversal or fall from 191.4 (another strong support)
SL at 190.6 because if it breaks 190.5 we might see a reversal or fall from 191.4 (another strong support)
Trade active
looking good already 30 pips profit. I would suggest replacing stop loss to 191,2 for even lower risksNote
still looking good. Running 50 pips of profit. I am moving my SL to 190.0 to trade risk free and guarantee 10 pips profit. If it comes back to that level it will be likely to break through current resistanceNote
Right now approached strong support zone. Might want to close the trade with decent 60 pips. I am still holding, hoping for break of this supportTrade closed: stop reached
My stop was reached, secured 10 pips of profit. I hope you closed your position earlier with greater profits. looking forward to re enter from 190.15 with the same set up
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