dlbsanborn

GBPJPY inverse head and shoulder

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dlbsanborn 已更新   
FX:GBPJPY   英鎊 / 日圓
Here's what I see on GJ. Price has been consolidating down in a channel making lower-lows and lower-highs. Price has also seemed to be decelerating with a slight curve to the price action. Price tested a confluent level of fibs, structure, and trend lines recently. The retrace back down made a potential higher low that also lines up with previous fib, structure. Additionally, it may have formed the right shoulder of an inverse head and shoulder this morning printing a 4hr pinbar rejection out of the confluence area. I'll be watching closely as this potential trade progresses.
交易進行
交易進行:
first trade I entered at 147.90 and was up 60 pips but was stopped out around 147.60. Once price spiked down and rejected out of the 147 area I re-entered long on a retest of 147.90ish with my stop around 147.60 again. I took partial profits at 150.20 and 152. I have the remaining portion of my position trailed in profit and will continue to structure trail.
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