Hello Traders,
I am doing a brief overview on the GBPJPY trade I took in New York Session today. After NFP news was release, we seen a triple top formation. After the engulfing candle from the triple top, enter a sell position to scalp.
I ended up closing the trade early at 30 pips due to doubt of it reaching 161.616 level which is the daily low.
Hope this help some of you. The trendline break and retest is a simple strategy.
I am doing a brief overview on the GBPJPY trade I took in New York Session today. After NFP news was release, we seen a triple top formation. After the engulfing candle from the triple top, enter a sell position to scalp.
I ended up closing the trade early at 30 pips due to doubt of it reaching 161.616 level which is the daily low.
Hope this help some of you. The trendline break and retest is a simple strategy.
Comment:
GJ ended up Retesting the trendline break and sold
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