RaynLim

Trade Ideas Position: GBPJPY Butterfly

做多
RaynLim 已更新   
FX:GBPJPY   英镑/日元
A Butterfly Pattern, ABCD and Crab pattern form as a bullish setup and this pose a threat to my already 100pips profit short trade on the 4-hourly timeframe on a bearish crab and bearish bat shorting opportunity.

What will you do if you were me? As for me, a little retracement is normal and expected after a 100pips dive.

I had engaged in this buying opportunity to gain small profit if it hit stops, I'm not worried as I'm already 100pips in advance of the move, without risk as it creates a hedge trade scenario.

Best case scenario, I can capture the retracement movement. Worst case scenario I got stop upon this trade but a deeper dive into my shorting trading direction.
交易结束:到达止损:
Hit SL -64pips

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