Downward momentum has peaked for GBPJPY. It tested and failed to break a support level today, forming a double bottom instead. It also appears to have formed an ABCD pattern. This trade is anticipating a pullback to previous support/resistance levels, which are coinciding with the fibonacci levels of the complete leg.
SL: 145.2
TP1: 147.1
TP2: 148.2
SL: 145.2
TP1: 147.1
TP2: 148.2
Trade chiuso: stop raggiunto:
SL triggered. Will look for a re-entry confirmation.
Commento:
A reversal might be forming. Continue waiting for a confirmation.
Trade attivo:
We're on track.
SL: 145.2
TP1: 147.1
TP2: 148.2
SL: 145.2
TP1: 147.1
TP2: 148.2
Commento:
Slight pullback. GBP pairs are in good shape. Still on track.
Trade chiuso manualmente:
Going to take profits now as this pair is uncertain. At least +100 pips, more than enough to make up for the SL.
Commento:
Interestingly, it nearly hit TP2
Commento:
TP2 was hit.