【Scenario】【Trade Result】【FX】2019 September 27 (Friday)【GBP/JPY】

---- Review ---------------

The target shape was this.

★15 minutes

---- Up to here ---------------

★Result

Profit taken at 40.15 pips (trailing exit)

★Entry

Right after a downside breakout from a triangle consolidation.

Since I was aiming for a bounce from the pink line,

I waited until there and then sold.

Shaking at a sudden lower wick lol

★Sharp Drop

12 hours after entry,

it arrived suddenly at that time.

After entry it didn’t drop smoothly at first, but

an abrupt drop occurred in the evening.

It dropped about 65 pips in one go, so I moved to break-even!

I reached a state with no losses all at once.

The profit target was moved to the originally planned pink line.

I set a 20 pips trailing stop and left it there.

Stop loss set slightly above the point where the rationale collapses.

This time I was able to enter right at the edge of the line.

The initial profit target was set because there was a tendency to stop at a line drawn recently based on the 1-hour chart.

It’s the previous low.

★Future scenarios

Still aiming to sell.

If it rises around 133.929, I would like to confirm a switch to buy.

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