GBPJPY looks have completed it's retracement, patiently waiting to see if it continues further up back to where it was before. From the 4H timeline, I can see, there is definitely potential there for a upward movement and with the Stochastic pointing up from the bottom there is confidence building in that my idea will play out well.
Trade closed: stop reached
Order cancelled
SL level was too low, not enough risk mitigated. A short idea should have taken preference.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.