GBPJPY Post News Trade Short +100 Pip Potential
We had a good push down on the JPY pairs on political tension arising and this pair is now over extended. Moreover, it is now below the Daily, 60 and 15 clouds, as well as the Daily KS, 60 KS and 15 KS
Entry = 135.50
Stop = 135.70
Risk = 20 pips
Profit target = 134.50
Reward = 100 Pips
RRR = 5-1
Once this trade is up + 25 pips, move your stop to breakeven and let it run.
Entry = 135.50
Stop = 135.70
Risk = 20 pips
Profit target = 134.50
Reward = 100 Pips
RRR = 5-1
Once this trade is up + 25 pips, move your stop to breakeven and let it run.
Order cancelled
The JPY pairs have lost their momentum from the News and therefore this set-up is no longer valid
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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.