GBPJPY analysis - rising three method???



chart h4 - 6.20 pm Malaysia
Price had closed above yesterday high. A rising three method pattern had also formed at H4 chart, which usually a high reliable trend continuation signal.
I went long at 138.04 with a profit-taking target at 140.44. Stop-loss is at 136.84 (120 pips risk).
UPDATE:
8.00 pm - decided to cut loss at -70
as a bearish candle had appeared at h1 chart...
done for the day...
net profit: 20 pips :))
11.30 pm - could not resist myself :">
reentered buy position as price breaks 138.00 again
2.00 am - price hit my target projection 140.44 [-o<
LESSON OF THE DAY : stick to your plan B-)

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