GBPJPY: another wave down?!
Updated
After rebounding from trendline sypport, GBPJPY reached the resistance area at which we short it before and could not achieve a successful breakout.
Trade: Sell GBPJPY at 152.15
TP1 150.80
TP2 149.00
SL 153.20
Trade: Sell GBPJPY at 152.15
TP1 150.80
TP2 149.00
SL 153.20
Note
First TP hit at 150.80 gaining +135 pips. book your profits and move your SL for the rest at 152.15 to enjoy your risk free trade.Trade closed: target reached
We Close the rest of trade here at 150.40 for +175 pips from entry at 152.15Enjoy the profit.
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