Hello All,
Short trade set up on GBP/JPY, price has fallen down out of consolidation within a bearish trend on the Macro (higher time-frame chart). \
Target is illustrated by blue price tag and line.
Updates to come.
Safe trading. :)
Short trade set up on GBP/JPY, price has fallen down out of consolidation within a bearish trend on the Macro (higher time-frame chart). \
Target is illustrated by blue price tag and line.
Updates to come.
Safe trading. :)
Note
UPDATE:Waiting on entry, I have a limit sell at (164.815). That is right at the bottom of that fog box on the chart (green dashed line).
That is my ideal entry but if I see price action suggesting otherwise I'll enter sooner.
just a suggestion. Target stays the same.
Trade active
Didn't hit my ideal target but price action says to enter so I have entered my short position at this time.Trade closed manually
closed right above target for a nice profit of over 100 pips! Awaiting a new trade.
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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.