Trade Idea: Short GBPJPY for a pullback

11 thg 5, 2017

Hello mates,

I see a good chance for a downside pullback as the price has been up-trending strongly in the past weeks.
We have reached a medium to long term resistance area among 148.00-1.4830. RSI is divergent and a four-hour shooting star candle formed.

Best regards
Technician

11 thg 5, 2017

Ghi chú

First target reached. Stop loss moved to entry to lock profits.

14 thg 5, 2017

Đóng lệnh: đạt mục tiêu

Full target reached

18 thg 5, 2017

Ghi chú

Profit(in pips) = (117 pip on first half + 214 pips on second half)/2 = 165.5.

18 thg 5, 2017

Ghi chú

Return on capital = 3.6%.
Note: Risk per trade is 2%