Trend continuation setup - GBPJPY formed a bear flag
Updated
Hi pros!
the plan is to :
Find a first entry in lower TF
then when price break and pullback reshort
aim for 0.618 first and look at price reaction on this zone if it can break the low the bear flag will be validated so third entry
the plan is to :
Find a first entry in lower TF
then when price break and pullback reshort
aim for 0.618 first and look at price reaction on this zone if it can break the low the bear flag will be validated so third entry
Trade active
Note
the bear flag is kind of approved by the stoch divergence entry is safe from here , we'll just have multiple entries and some doubt on the 0.618 that's why I tell you to be cautious with the target of the first arrow
Note
my sl is at 133 , make the chart fast and added some pips without lookingTrade closed: stop reached
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