Downward momentum has peaked for GBPJPY. It tested and failed to break a support level today, forming a double bottom instead. It also appears to have formed an ABCD pattern. This trade is anticipating a pullback to previous support/resistance levels, which are coinciding with the fibonacci levels of the complete leg.

SL: 145.2
TP1: 147.1
TP2: 148.2
Trade geschlossen: Stop wurde erreicht
SL triggered. Will look for a re-entry confirmation.
Kommentar
A reversal might be forming. Continue waiting for a confirmation.
Trade ist aktiv
We're on track.

SL: 145.2
TP1: 147.1
TP2: 148.2
Kommentar
Slight pullback. GBP pairs are in good shape. Still on track.
Trade wurde manuell geschlossen
Going to take profits now as this pair is uncertain. At least +100 pips, more than enough to make up for the SL.
Kommentar
Interestingly, it nearly hit TP2
Kommentar
TP2 was hit.
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