GBPJPY Sells (closed)
Trade Management
- Stop-loss was brought to break even once price had dropped 30 pips in our direction. This was done to protect capital in case we saw a pullback.
- As the price continued to gain more bearish momentum stop-loss was gradually waded into profit placing the SL above each LH (lower high) on 15M downwards trend.
- Eventually, SL was brought to the price 133.000 where we were unfortunately stopped out in profit.
Trade Result
4.28% & 70 pips banked.
- Stop-loss was brought to break even once price had dropped 30 pips in our direction. This was done to protect capital in case we saw a pullback.
- As the price continued to gain more bearish momentum stop-loss was gradually waded into profit placing the SL above each LH (lower high) on 15M downwards trend.
- Eventually, SL was brought to the price 133.000 where we were unfortunately stopped out in profit.
Trade Result
4.28% & 70 pips banked.
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