GBPJPY (LONG)-short covering
> Short covering
> JPY is looking weak
> the price went down before and didn't go back up; it seems the sellers are going to cover their positions.
> Also keep your SL strict if the trade goes wrong or any fakeout occurs we can always enter again.
> risky trade so use half your regular lot size.
ALL THE BEST!
> JPY is looking weak
> the price went down before and didn't go back up; it seems the sellers are going to cover their positions.
> Also keep your SL strict if the trade goes wrong or any fakeout occurs we can always enter again.
> risky trade so use half your regular lot size.
ALL THE BEST!
Trade closed: stop reached
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Disclaimer
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.