We are never shown the real picture until its too late... If you ask me right now, ill never go short even if it seems like we are at a major resistance if you see it through technical analysis... Too many bears are at this small range (highlighted in purple), and so I believe they will be wrecked. Stop loss is tricky here, im just guessing...
GBPJPY [LONG]
Entry @ 139.747
SL @ 139.156
TP @ 140.217
TP 2 @ 141.300
GBPJPY [LONG]
Entry @ 139.747
SL @ 139.156
TP @ 140.217
TP 2 @ 141.300
Trade ativo
Now 16% of all net bears are bearishNota
This is what sellers see...Nota
After very strong green candle, many sellers hit stop loss, taking the sellers in this area from 16% to 10.42%Nota
If you are long you could have already taken profits, or if you want the whole bag this might be my guess of what will happen nextNota
How ill personally play it... From now on,Move stop to BE
TP 1 @ 140.05 (50% of profit here)
TP 2 @ stays the same
Money made!
Nota
Safer approach for those who want earlier profitTrade fechado: objetivo atingido
Good night (50% profit)TP 2 still open, BE set
Nota
Trade fechado: objetivo atingido
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.