GBP/JPY

+13 pips (This was a 5 minute chart)

Sometimes, when I see a classic candlestick pattern, such as an “evening star”, in the middle of nowhere, I look for a quick scalp in the opposite direction of what the classic candlestick pattern suggests.

In this case, I actually expected the price to continue north, even though there was a FIB level in the way. Even if it doesn’t, we can take a scalpers profit. The area of the rectangle is where I took the trade.