GBPJPY Sell opp

3 thg 12, 2020

Lower High on GBPJPY. No news in site. Price also providing a bearish engulfing on the 1H. I will probably place a sell Limit order around 140.017 to enter me into the trade. That way I keep my overall risk between trades low. If I'm entered into the trade, I'll be at a better position. If not, I'll be ok. Alternatively, I could also just enter market execution after this candlestick closes.