GBP/JPY RE-ACCUMULATION

Unsure about this. However I have charted it up so I'm publishing it here for others to see and for me to check back on and analyse how it played out and what I can do to improve in future

Trade geschlossen: Stop wurde erreicht:

Had a lovely initial entry on this trade however the entry was very sudden and should have been analysed more. I didn't wait for signs of reversal and just entered on the low of the bar which then wicked. Was in and out of profit for a few hours until the SL was hit due to inflation and interest rate talks in the UK.

Overall was a good setup and schematic but the bulls didn't hold and then news finally invalidated it.