Sell opportunity in the H1 supply area ?
I see a strong supply area on H1 as evidenced by price rejections that have not been able to penetrate this supply area. For those of us who follow SnD, this can be used as a SELL setup plan in the RBD area of the GBPJPY supply area. The most important thing is to keep risk in mind. Happy Trading.
Disclaimer: always trade safely, trading risks are not our responsibility.
Disclaimer: always trade safely, trading risks are not our responsibility.
Trade active
active trading, the price tries to brake our highest supply price, for stop loss placement, it can be in the Supply area above 200,361 + several pips and spread, maximum risk from the GBPJPY sell planNote
OK, the setup went well, with a note that if you look at the chart it is SL, but previously I was warned to add a SL bupper area in the UPDATE by adding some PIPS and SPREAD, this should not be SL. In trading I have made a profit.
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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.