GBPJPY SHORT
1Week Chart:
*Last attempt for buyers to come in\
*Lower Low lower close on 1W time frame going into this last week
1D Chart:
*Breach and break of buyer trend line on the daily timeframe
*Lower Low
4H Chart:
*Entry based on lower close of candle
*Good risk/reward
Entry: 144.700
Stop Loss: 147.500
Take Profit: 140.00
Always make sure to have a trading plan. Make sure to have a good risk/reward on every setup. Never risk more than 2% of capital per-trade.
If you have a good trading plan and stay disciplined to it you will have better trades. This trade is up over 200 standard pips.
Cheers!
1Week Chart:
*Last attempt for buyers to come in\
*Lower Low lower close on 1W time frame going into this last week
1D Chart:
*Breach and break of buyer trend line on the daily timeframe
*Lower Low
4H Chart:
*Entry based on lower close of candle
*Good risk/reward
Entry: 144.700
Stop Loss: 147.500
Take Profit: 140.00
Always make sure to have a trading plan. Make sure to have a good risk/reward on every setup. Never risk more than 2% of capital per-trade.
If you have a good trading plan and stay disciplined to it you will have better trades. This trade is up over 200 standard pips.
Cheers!
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.
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.