British Pound / Japanese Yen
Short
Updated

GBPJPY Short setup

200
Globle stock start to bance, Japanese Yen may make correction, so GBPJPY may push back these days.
we have key level to watch, when the price get there as in my chart, we take a close eye on the response to the key level..
here is my setup. there is 2 targets
Trade active
Note
put Stop loss to 163.00 , lock 100 pips profit
Trade closed manually
Ok, I would close the trade and still keep short bias , take 200+ profit and find another position to short again

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.