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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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.
Related publications
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.