Taking short position off 203.500 strong resistance level
I am short biased towards GBPUSD so my chosen instrument to long the yen this week is GJ
If the dollar can regain momentum a harsh GBPUSD drop will help this trade always dependant on the strength USDJPY has also
comfortable price to take a short position, risking 1% on this trade 1:3R
this is a price action based trade 203.500 level showing significance
I am short biased towards GBPUSD so my chosen instrument to long the yen this week is GJ
If the dollar can regain momentum a harsh GBPUSD drop will help this trade always dependant on the strength USDJPY has also
comfortable price to take a short position, risking 1% on this trade 1:3R
this is a price action based trade 203.500 level showing significance
Note
JPY is a fucking nightmare, trade invalidated
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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.