British Pound / Japanese Yen
Short
Updated

GBPJPY

135
Plan followed

theres something that in the back of my head,
the last large daily engulfing candle produced 2,000 pip trend

we are now, sitting of the back of a large engufling daily, not only that the month candle is about to kick, with BoE news tomorrow

looking at the candles on a large time frame, on a smaller time frame i would'nt even want to enter, i would say its down, 3 daily weak wicks.. large daily down

moved SL into profit

very interesting set up and trade, knowing that everyone has this going up in the ideas page.

i assumed it would just range up and down until tomorrows outcome
Trade closed: target reached
maybe not, was a good reach..

spreads are crazy high, needed to keep my Sl in play
Note
back in sell on 1 min candle
Note
small cap lose, price will remain ranging til BoE news
Trade closed: target reached

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