GBPJPY broke and closed below 147 and a trendline yesterday on the daily chart. However, I would have preferred if it had been more impulsive in nature. It left nearly a 100 pip wick below the close. With that said, I will be looking for short opportunities on lower timeframes and if sellers seem to be retaining their presence.
Trade active
Breakeven short still active from 152.45. First partial profits taken at 148.50Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.