GBP/JPY basic setup
Updated
GBP/JPY broke previous resistance which acted as a support. Price is on major D1 support as well.
SL below previous swing low.
TP1 = at retest of swing high
TP2 = far far above :) (secrect hehe :)
Stay humble!
Marjan
Forex Swing Traders
SL below previous swing low.
TP1 = at retest of swing high
TP2 = far far above :) (secrect hehe :)
Stay humble!
Marjan
Forex Swing Traders
Trade active
Note
Stop loss was trailed below entry swing. I added to a position on 2nd 123. Luckily didn't get stopped yet, but looks like price will continue to the downside. Might be a loser.Trade closed: target reached
TP1 reached
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