GBPJPY SELL (SHORT) 15MIN ENTRY 4H TARGETS
Updated
The market has returned to a bearish trend in the 15-minute time frame. We are still in bearish trends of 4H and 1H.
The price broke down in the bearish direction and we have a pullback. With the last 15min engulfing candle in the direction of the trend, it gives me the necessary confirmations to sell.
Video is coming soon.
GBPJPY SELL
Entry: 145.80 - 145.90
TP1: 145.20
TP2: 144.90
TP3: 144.50
TP4: 142.85
TP5: 141.55
R/R: 5.88
• All ideas are at your own risk. Please use the appropriate risk management. We suggest never risking more than 5% of your balance in an operation. Trade carries a great risk, be careful! Loss streaks come as easy as winning streaks. If you use risk management, your account will increase with time.
The price broke down in the bearish direction and we have a pullback. With the last 15min engulfing candle in the direction of the trend, it gives me the necessary confirmations to sell.
Video is coming soon.
GBPJPY SELL
Entry: 145.80 - 145.90
TP1: 145.20
TP2: 144.90
TP3: 144.50
TP4: 142.85
TP5: 141.55
R/R: 5.88
• All ideas are at your own risk. Please use the appropriate risk management. We suggest never risking more than 5% of your balance in an operation. Trade carries a great risk, be careful! Loss streaks come as easy as winning streaks. If you use risk management, your account will increase with time.
Note
TP1 HIT +65 PIPSExcellent start of the trading week. Stay patient and grateful. Appreciate you fam!
Related publications
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.