GBPJPY analysis - dragonfly at daily??



daily chart - as of 11.30 am Malaysia

A dragonfly candle has appeared on the daily chart. Should yesterday's low (126.49) is broken, this might signify a beginning of downwards move.

As I was away from chart this morning, I entered my sell position a little bit late. However, my position is currently at +50. [-o< Now thinking to hold the position for a few days. >:)
UPDATE:
6.00 pm - tough trading day #:-S
all my sell positions stopped out at +1
decided to wait until price breaks this morning low
otherwise I will stay out
9.00 pm - at last, a bearish candle came out on the hourly chart
hopefully, the beast keep dropping... [-o<

9.35 pm - some US news caused the price to whipsaw
stopped out at +1
re-sell at 128.26; SL locked at +1 again =))
10.27 pm - closed at +40
done for the week
lesson for the day: DO NOT TRADE DURING MONTH END :))

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