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British Pound / Japanese Yen
Short
Mar 8, 2021
GBPJPY (1Hour chart): 4 Good reasons to sell!!!
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3 Good reasons to sell GBPJPY
Gooday Traders
I'm anticipating a sell if:
The upward trendline gets intersected
Price retests the broken upward trendline
Price retests the downward trendline
A bearish reversal candlestick at the two trendlines to confirm entry
Risk:
35 pips( to avoid premature stop loss)❌
Reward:
256 pips🤑
Risk/Reward Ratio:
7✔
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Candlestick Analysis
Support and Resistance
Trend Lines
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