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British Pound / Japanese Yen
Short
Updated

GBPJPY [1-3 days view]

Short GBPJPY
Entry: 146.015
SL: 146.900
TP: 144.200

  • Market broke below ascending trendline support (now resistance)
  • H&S pattern seen forming
  • Market holding below EMA and MACD now in bearish environment
Trade active
Moved SL to protect profits and trade is now risk free.
Trade active
Market pulled back. Managed to enter to add to my position.
Trade closed manually
Market structure and technical elements have changed. Trade close with some profits locked in.
laughingchartist
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
Also on:
chartingChart PatternsForexGBPJPYTechnical IndicatorsinvestingTechnical AnalysisthelaughingchartisttradingTrend Analysis
laughingchartist
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
Also on:

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