meister_keith

136.400 is holding price at support

Long
meister_keith Mis à jour   
FX:GBPJPY   Livre sterling / Yen japonais
I took a buy before a confirmation of a H4 close on my previous entry and that was a violation of my trading rules so I made sure to wait for a confirmed H4 close before I could take a re-entry on the same setup as I had originally planned.
The idea is:
Price dropped down to support at 136.400 but never broke below it so there Might be a potential for an upside.
Entry was after a verified H1 bullish close which reinforced the support at 136.400 and my setup.
One candle doesn't verify a shift in direction by this I mean the bearish H4 close doesn't stop the fact that price was pushing up for the previous 2 days and a major support was hit @ 136.000.
Goal is to see price push up to 137.500 if 137.200 breaks.
Trade fermée manuellement:
Closed the trade, my entry was shit, re-entered at 136.530 and SL @ 136.33 with TP at 137.500
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.