Right now, we are analyzing the GBPJPY 1-hour time frame chart. My bias for today is towards the sell side, and I will be looking to sell the market today. As you can see on the chart, these are our key levels. Once the market price reaches our key levels and POI, we will wait for confirmation whether the price shows a bearish confirmation or forms a reversal candlestick pattern, so we can find the ideal entry point for our trade and execute it with precision. The most important thing to remember is to always wait for confirmation.
Make sure to always use a stop loss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis. Let's see what happens.
#GBPJPY 1H Technical Analysis Expected Move.
Make sure to always use a stop loss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis. Let's see what happens.
#GBPJPY 1H Technical Analysis Expected Move.
Trade closed manually
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Related publications
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.