Trade Idea: Potential short for+/- 50pips setting up on #GBPJPY
Updated
After having experienced weakness yesterday, price settled between 139.97 and 139.53.
A potential short is in the making should price pullback to 139.90 (short entry).
Should no fundamental news upset the flow,
price might demonstrate willingness to continue its short term trending.
See chart for trade management levels.
Happy trading and good fortune
A potential short is in the making should price pullback to 139.90 (short entry).
Should no fundamental news upset the flow,
price might demonstrate willingness to continue its short term trending.
See chart for trade management levels.
Happy trading and good fortune
Trade active
After 7 candles and 3hrs 30min, price finally pulled back to the 139.90 optimal entry level. Lets see how far down the professionals are willing to go.
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