2618 ttade GBP/JPY 1hr chart
Updated
we have had the double bottom and price action has already retraced in to the 0.618 fib level so we are in good trade with great risk/reward ratio
Entry was at 1.3027
Stops are at 129.40
Target 1 is at 132.12 (0.382 fib level)
Target 2 is at 133.85 (0.618 fib level)
Entry was at 1.3027
Stops are at 129.40
Target 1 is at 132.12 (0.382 fib level)
Target 2 is at 133.85 (0.618 fib level)
Note
Target 1 hit for + 186 pipsRoll stops to break even for target 2
Trade closed: stop reached
Stopped out on target 2 for + 10 pips
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.