BetterBusinessBully

Short Entries - Scaling & Trailing

Short
FX:GBPJPY   Livre sterling / Yen japonais
Trailing and scaling initial trade great opportunity for another entry at this level for a short.

Price was at a bearish retracement 61.8% broke out of the micro bullish channel. The previous bearish move was extremely violent in comparison to the bullish move that took a whole week.

I will ride it down to about 61.8% retracement of the most recent bullish move.

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