GBPJPY is in a downtrend. I'm looking to sell Rallies on this pair.
Price has made it back to my "Reversal Zone" and now has Double Topped with Bearish RSI Divergence. We also have a an ABCD pattern completing right at the Double Top.
I just sold at the Double Top and looking for a retest of Previous Lows.
Stops - 1 ATR above Double Top
Target #1 - Retest of Previous Lows (Structure)
Target #2 - Retest of Previous Lows (Structure)
Price has made it back to my "Reversal Zone" and now has Double Topped with Bearish RSI Divergence. We also have a an ABCD pattern completing right at the Double Top.
I just sold at the Double Top and looking for a retest of Previous Lows.
Stops - 1 ATR above Double Top
Target #1 - Retest of Previous Lows (Structure)
Target #2 - Retest of Previous Lows (Structure)
הערה:
Target #1 Acquired
הערה:
Holding for Target #2 with stops @ Breakeven
הערה:
Stops rolled to 164.430. Trailing Stops 1 ATR above the last swing high on the 1hr. Protect those profits!
עסקה סגורה: היעד הושג