GBPJPY - H1 SHORT SETUP - TMP
Entered SHORT on this trade after the strong break of the neckline/trendline of the small Head & Shoulders pattern.
The bias for this trade came from the pullback strategy where GBP is weak on H4 and execution is done on lower TF like H2 or H1.
This trade has a potential reward of 2.34R with TP at the bottom (logical TP area).
The bias for this trade came from the pullback strategy where GBP is weak on H4 and execution is done on lower TF like H2 or H1.
This trade has a potential reward of 2.34R with TP at the bottom (logical TP area).
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.