yousufrz

Buy GBPJPY

Long
yousufrz Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
Buy GBPJPY on 1H timeframe
Bullish on 1H timeframe, price may face resistance at targetprice
Entry = 157.130
Stop Loss = 156.649
Target Price1 = 157.624
Trade closed: stop reached:
I learnt a lesson here. seems bullish making HH and HL's, but testing daily/monthly resistance level. it may pullback before testing again that level and if crosses that level with green candle, may continue bullish rally toward target price or even higher. If i must had to trade, i should see candle pattern on 1H timeframe and expected a bearish trend till nearest support. So wrong trade
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