GBPJPY - Long

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We are never shown the real picture until its too late... If you ask me right now, ill never go short even if it seems like we are at a major resistance if you see it through technical analysis... Too many bears are at this small range (highlighted in purple), and so I believe they will be wrecked. Stop loss is tricky here, im just guessing...

GBPJPY [LONG]
Entry @ 139.747
SL @ 139.156
TP @ 140.217
TP 2 @ 141.300

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تم فتح الصفقة

Now 16% of all net bears are bearish

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ملاحظة

This is what sellers see...

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ملاحظة

After very strong green candle, many sellers hit stop loss, taking the sellers in this area from 16% to 10.42%

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ملاحظة

If you are long you could have already taken profits, or if you want the whole bag this might be my guess of what will happen next

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ملاحظة

How ill personally play it... From now on,

Move stop to BE
TP 1 @ 140.05 (50% of profit here)
TP 2 @ stays the same

Money made!

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ملاحظة

Safer approach for those who want earlier profit

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أغلقت الصفقة: تم الوصول للهدف

Good night (50% profit)

TP 2 still open, BE set

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ملاحظة

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أغلقت الصفقة: تم الوصول للهدف