GBPJPY Short - not able to hold above Resistance
This is a Price Action Setup I normaly dont trade, but I want to give it a chance with a small Lot Size.
Usually I go for Pinbars and Engulfings. Dojis (in this case on D1) are new in my Strategy.
-> Price was not able to hold above Resistance
-> see Chart for Details
-> I guess there will be an Outbreak soon because Price squeezes in the last hours in a small Range (see H1)
Thanks to Daniel B. and his Idea to GBPJPY.
This is the true Benefit of TradingView for me: Learning from other Traders!
Cheers
Parker
Usually I go for Pinbars and Engulfings. Dojis (in this case on D1) are new in my Strategy.
-> Price was not able to hold above Resistance
-> see Chart for Details
-> I guess there will be an Outbreak soon because Price squeezes in the last hours in a small Range (see H1)
Thanks to Daniel B. and his Idea to GBPJPY.
This is the true Benefit of TradingView for me: Learning from other Traders!
Cheers
Parker
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