GBPJPY - Bullish Deep Gartley
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Wait for it...
The Range Bar chart has given me to short this pair at 156.09 and has exited at 155.36, a total of 73pips which translates to 639.75USD/lot traded.
If I were you, I will not immediately engage the Bullish Deep Gartley Pattern, even when it is a trend trading setup formed within the Buy Zone or known as the Demand Zone.
With such a strong bearish movement, it is a great idea to wait for the candlestick to pause and reversed.
It is ok to miss a trade, but what's not ok is to return the profit back to the market.
The Range Bar chart has given me to short this pair at 156.09 and has exited at 155.36, a total of 73pips which translates to 639.75USD/lot traded.
If I were you, I will not immediately engage the Bullish Deep Gartley Pattern, even when it is a trend trading setup formed within the Buy Zone or known as the Demand Zone.
With such a strong bearish movement, it is a great idea to wait for the candlestick to pause and reversed.
It is ok to miss a trade, but what's not ok is to return the profit back to the market.
Trade attivo
Target1 Achieved: 155.70(+39)0.6:1[325.90USD per lot traded]Shift Stop-Loss to Entry, 155.33(+3) [Risk Free Trade Engaged]
Trade chiuso: obiettivo raggiunto
Final Target hit 156.00(+69)1.2:1Total pips gained: 39-69pips = 108pips[908.10USD per lot traded]
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