SmartTradingFX

GBPJPY: Dont Write Off Your Analysis If You Miss Original Trade

Short
FX:GBPJPY   Livre sterling / Yen japonais
18
After price broke below closed below structure on my HTF I was looking for Shorts on this pair! Price reversed right in that killzone and I believe we will see more downside movement to at least retest the lows!

I thought I would share this as many traders may feel that they have missed the opportunity but with different styles of trading you may be able to still get involved and shouldnt be so quick to write off your original bias on the pair!

This is a simple 1.618 Fibonacci Inversion trade which may offer a low risk high reward opportunity to get involved in the direction of the trend!

Hit that like button and continue to show your support it means alot! I would love to hear your feedback or ideas you may have too!

Ric

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