GBPJPY is currently on a short term down trend after it is rejected at previous resistance. We may see it retest at the downtrend resistance zone, and go lower to retest at the daily up trendline.
We may try to set a sell limit at the resistance zone and expect it to go further down to the support zone.
SL & TP is shown in the photo. RR 1:7.
#Tayor
We may try to set a sell limit at the resistance zone and expect it to go further down to the support zone.
SL & TP is shown in the photo. RR 1:7.
#Tayor
Trade active
Sell limit triggered
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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.