Get started
British Pound / Japanese Yen

GBPJPY Momentum Short Opportunity (Short Term Trade)

By Kasty
Updated
GBPJPY
Looking for a potential short with a momentum based trade strategy. The pair has been moving downwards and testing key support and resistance levels. Trade your plan.


Comment
snapshot
Higher time frame view.
Comment
A look on the daily shows a nice 0.382 pullback. Probably see this one moving upwards now. This was a very short term trade idea. Currently being patient to see where price action takes it.

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.