British Pound / Japanese Yen
Short
Updated

GJ Short

78
W: Downtrend, respecting the lows + Bearish divergence
D: Downtrend, price hit -61.8
4H: Uptrend, but price hitting resistance 5 times + RSI is Bearish
1H: Downtrend, price retraced 50% + RSI is Bearish


CURRENTLY:
I'm looking to see if price will retest break of 1H uptrend and go short to previous support @ -27 then -61.8 on Fib


~100 - 150 pips
Trade closed: target reached
TP #1 hit at -27 FIB

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.