GBPJPY Weekly Trade

KEY Strucutre broken
price retested and rejected
The 89 EMA also rejected price well
The 8 EMA going to make a dead cross
Therefore we can look into lower time frame
to short
Target 1 142
Target 2 138

4H Chart there is inside bar break down
we can use this as our entry point

Note

Note

OK. potential AB=CD founded.
ready to short from 149.00-149.30

Note

Guys, The weekly Idea is not changed. Just the 4H time frame we need to capture a good entry. that's all. the direction is clear

Note

Trade active

Price hit 1.272-1.414 ext
based on 1h chart, can sell now

Note

SL is recommaned to put above 149.90

Trade closed: stop reached

149.90 Hit Stop loss
Exit

Trade active

Re-Open the Trade at 150.00

Note

First Trade Lose 30pips, 2nd Trade Lose 50pips
3rd Trade win 100 pips so far.

Note

tntsunrise

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tntsunrise

More Discussion:
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Youtube: PROJACK
抖音：聚贤说成长

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