I am long basis for GBPJPY but a setup is a setup. H4 bearish bat spotted, short with cautious will shift entry to the earliest time possible and close trade if price action tells otherwise. Will aim to short at 161.8 extension, Instead of harmonics sell zone. Willingly to miss the trade if it didnt hit my sell limit.
Comment:
Still waiting for trade to hit sell limit. If price reverse and gives me good structure I will enter trade manually for short position.
Trade active:
Sell limit triggered
Trade closed manually:
Tp1 hit, saw a reversal and took a long trade but was stopped with partial profits will up date this pair if I were to continue to short or to go long. Waiting for H1 structure to complete
Comment:
will wait for a correction and if setup allows will enter short with conservative target
Trade closed manually:
Looking for Long setup
Comment:
Those who had held the trade should have achieved TP2. If set up doesn’t present itself to go Long, continue to hold short till 88.6% retracement