British Pound / Japanese Yen
Short
Updated

Potential 150+ pips SELL @ 147.80-147.55 Area

147
We Broke Trend Structure and currently in a downtrend GBPJPY

This potential setup of about 150-180 pips are we are at around the 61.8% fib level @ 147.800-147-550 area

TP1 - 147.000
TP2 - 146.500
TP3 - 146.000
Trade active
Here is one-hr timeframe
snapshot
Note
Depending on where got in at up 20-40 pips..

My Current trade I'm update 40 pips!! :)
Note
TP1 SMASHED!!! Up 60 pips!!!!

About to hit TP2 146.500 then next stop 146.000

LET’s GOOO!!!!
Note
TP2 is just shy but we will hit that soon!!! Whoever took this trade you should have maybe 5-10 pips draw down if that... all my re-entry's didn't have any drawback!!!
Note
snapshot

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.