camthetrader22

gj backtest fake double top july 3 2020 tuesday

Long
OANDA:GBPJPY   British Pound / Japanese Yen
double formed around a minor qp - 134.(500)
with a major qp right above , and also stop loss from the double top
i drew my fib from the neckline to the right shoulder of the DT , and looked for a entry around the 61.80% fib level

1hr- there was 3 wick touches on the 61.80% overall . the third could've been scaled down into the 15m n below
for a tighter stop loss to squeeze as much leverage as possible. while staying in 1% risk of my account.

tp 2 was smashed

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