GBPJPY LONG TO 155.800 (BUY LIMIT)
We have entered a new zone and price has maintained its presence within and has remained disciplined and not closed below.
If price closes below, trade will invalidate itself.
If price closes below, trade will invalidate itself.
Note
Price took off without retesting buy limit level (1.1pips away). Will keep buylimit level active for London Session for potential rest.Trade closed: stop reached
STOP LOSS HITStoploss was to tight and price action clipped us out before heading up in our intended direction. On outlook could have set the entry price at 155.040 at next major structure point of this timeframe, and with a 10pip SL we still would be in this position.
A learning curve to take note of.
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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.