Newmount_Trading_Exchange

GBPJPY Sell - Another Breakout

Short
FX:GBPJPY   British Pound / Japanese Yen
Second sell on GBPJPY this week.
Market hit previous support where our first TP line, however continued to fall and triggered our 2nd sell position. Closed below another 4hr Support Zone.
There is no sign of the GBP gaining any strength so will expect the market to continue to fall unhindered to our TP.
Trade active:
SL moved to Break Even.
Risk Free Trade
Trade closed: stop reached:
SL hit for Break Even. 0 Pips.
Looking for bearish candle formation to close back below the Pink Zone in order to Re Sell.

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