GBPJPY Sell
Trend on daily is almost reacted the top and it at the top of 4hour trend. Looking for long-term downwards target of around 142.000 which, is the the bottom of daily trend.
I’ve increased the stop-loss due the pair being so bullish that accuracy is difficult for me to execute correctly, something I will be working on with future trades and back testing. I’ll also hold a smaller position and maybe add position if opportunity to capitalise arise.
Any comments on suggestion or my analysis would be greatly appreciated.
I’ve increased the stop-loss due the pair being so bullish that accuracy is difficult for me to execute correctly, something I will be working on with future trades and back testing. I’ll also hold a smaller position and maybe add position if opportunity to capitalise arise.
Any comments on suggestion or my analysis would be greatly appreciated.
Note
Stoploss at entry.
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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.