GBP/JPY basic setup
GBP/JPY broke previous resistance which acted as a support. Price is on major D1 support as well.
SL below previous swing low.
TP1 = at retest of swing high
TP2 = far far above :) (secrect hehe :)
Stay humble!
Marjan
Forex Swing Traders
SL below previous swing low.
TP1 = at retest of swing high
TP2 = far far above :) (secrect hehe :)
Stay humble!
Marjan
Forex Swing Traders
Trade active
Note
Stop loss was trailed below entry swing. I added to a position on 2nd 123. Luckily didn't get stopped yet, but looks like price will continue to the downside. Might be a loser.Trade closed: target reached
TP1 reached
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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.