FYNTEK | New Eden Investments -> GBPJPY SHORT
Updated
GBPJPY
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Strong momentum after a bullish JPY close last week, seeing order flow push into the YEN for the monthly closing. Small retracement/pullback play with 38 or 50 fib acting as the main confluence. Depending on how price action moves towards entry, we can expect to short from either fib levels. Finishing the ABCD pattern as our profit target.
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Strong momentum after a bullish JPY close last week, seeing order flow push into the YEN for the monthly closing. Small retracement/pullback play with 38 or 50 fib acting as the main confluence. Depending on how price action moves towards entry, we can expect to short from either fib levels. Finishing the ABCD pattern as our profit target.
Trade active
Trading has been activated, running +10 pips, will monitor the order close when we see how it runs.Trade active
We've seen price run 1 RR as we reached +30 pips from the sell order. Unfortunately we're now hovering around -15 pips on this trade.Trade closed manually
As price nearly hit our SL. Manually closing here for 0.3RR of the risk that was put in place.
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