GBPJPY 138.437 - 0.97 % SHORT IDEA * MOMENTUM SHIFTS
Good Day Everyone
A look at the GBPJPY , the pair broke and is currently trading below the previous lower high. Seeing some signs of momentum shift which still needs some more confirmations but momentum shifts nonetheless.
looking for a retest of resistance level 139.212 to trigger the trade in the coming week and some more confirmation on the shift of momentum with the bears on the pair...
let's see how it goes...
HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 138.283
TP 2 - 137.103
SL - 139.451
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
A look at the GBPJPY , the pair broke and is currently trading below the previous lower high. Seeing some signs of momentum shift which still needs some more confirmations but momentum shifts nonetheless.
looking for a retest of resistance level 139.212 to trigger the trade in the coming week and some more confirmation on the shift of momentum with the bears on the pair...
let's see how it goes...
HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 138.283
TP 2 - 137.103
SL - 139.451
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Trade active
💣 Waiting to trigger!
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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.
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.