GBPJPY analysis - directionless again..

highwave candle at daily chart
indication of market uncertainty
expecting price to keep ranging for a while
might stay out today and wait for another breakout
hopefully to the downside :D

5:30 pm
price attempts to break yesterday low
my sell stop at 136.80 was hit -SL at 137.50 (70 pips risk)
5.40 pm
+35 pips moved SL to +1
5.50 pm
does not like the price action
close 1/2 position at +18
the other 1/2 position remains at +1
6.00 pm
stopped at +1
total pip: 18+1=19 pips :))

will keep looking for another sell entry
price might hit 134.80 (161.8 fibo level of yesterday hi-lo)


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