Short GBPJPY:
ntry: 147.105
SL: 147.85
TP1: 144.850
TP2: 143.5
ntry: 147.105
SL: 147.85
TP1: 144.850
TP2: 143.5
- After a strong rally upwards, we see a divergence between momentum and price. RSI (21) has also crossed into the bearish territory below the 50% level.
- Shortly after which, market broke below the ascending trendline support (now resistance).
- Price has also closed below EMA (34) which has acted as a pretty solid support/resistance for GBPJPY
Giao dịch đang hoạt động:
Trade is now risk free.
Stop loss has been trailed to protect profits at 146.850
Stop loss has been trailed to protect profits at 146.850
Bình luận:
Moved trailing stop lower to further protect profits.
Bình luận:
1st Target reached. Scaled out to lock in profits.
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