GBPJPY analysis - will 143.50 acts as resistance??



chart 30 min - 7.30 am Malaysia
went short at 143.38
minor trendline rejection???
S/R zone at 143.50 area...???
a risky trade but one which allows a tight SL (50 pips at 143.88)
let's see how market plays it out :-SS

UPDATE: by 8.00 am, price went down to 142.70 (+60 pips)
moved SL to +1
8.15 am - moved SL to +50 and set trailing stop of 70 pips
10.35 am - stopped out at 110 pips
[-o<

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