Here's a breakdown of your GBP/JPY trade setup:
Entry Point: 190.700
Target (Take Profit): 191.700
Stop Loss: 190.000
Trade Summary:
Risk (SL): 70 pips
Reward (TP): 100 pips
Risk-Reward Ratio: 1:1.43 — a favorable ratio.
Analysis:
Make sure there is momentum behind the breakout above 190.700 (check volume and trend).
Confirm with indicators like RSI (not overbought), MACD (bullish crossover), or support/resistance zones.
If price nears 190.000 support repeatedly, reconsider the long entry or adjust your SL tighter.
Would you like a chart analysis or technical confirmation for this setup?
Entry Point: 190.700
Target (Take Profit): 191.700
Stop Loss: 190.000
Trade Summary:
Risk (SL): 70 pips
Reward (TP): 100 pips
Risk-Reward Ratio: 1:1.43 — a favorable ratio.
Analysis:
Make sure there is momentum behind the breakout above 190.700 (check volume and trend).
Confirm with indicators like RSI (not overbought), MACD (bullish crossover), or support/resistance zones.
If price nears 190.000 support repeatedly, reconsider the long entry or adjust your SL tighter.
Would you like a chart analysis or technical confirmation for this setup?
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𝐃𝐨𝐧'𝐭 𝐁𝐮𝐲 𝐒𝐢𝐠𝐧𝐚𝐥𝐬
t.me/targing82
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🔜⚫ Volatility index
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𝐀𝐥𝐥 𝐏𝐚𝐢𝐫𝐬 𝐅𝐫𝐞𝐞 𝐒𝐢𝐠𝐧𝐚𝐥𝐬 𝐟𝐨𝐫 𝐥𝐢𝐟𝐞𝐭𝐢𝐦𝐞
🔜⚫ Volatility index
🔜🟣𝐗𝐀𝐔𝐔𝐒𝐃🔥🔥
🔜🔴𝐆𝐁𝐏𝐔𝐒𝐃🔥🔥
🔜🔵BTCUSD 🔥🔥
t.me/targing82
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.