EMA Strategy: GBPJPY

1-hr chart
EMA Strategy: GBPJPY

Short
Trade Entered @ 9:00 AM Friday 21/12/2018

Checklist for Short:
1. Retest @ EMA (25, close) -
2. EMA (25, close) holds as resistance-
3. Reversal Candlestick Pattern -
4. Long Upper Shadow, Short Lower Body
5. Price broke through support from consolidation zone -

הערה:

Looking for price to reach yearly low and possibly complete Double Top Pattern

הערה:

Price was 20 pips away from TP before reversing.
To decrease risk once price is 20 pips in profit move SL to breakeven.