Trading Idea 013: GBPJPY
Updated
Market Conditions:
- range
- bearish sentiment in the market
Key Level and Lines:
- 161.241 resistance
Trading Ideas:
- go short using reversal from the resistance
- go long if the price moves above the resistance and the market shows the bullish sentiment.
- range
- bearish sentiment in the market
Key Level and Lines:
- 161.241 resistance
Trading Ideas:
- go short using reversal from the resistance
- go long if the price moves above the resistance and the market shows the bullish sentiment.
Note
Plan A worked! The price reached the 1st profit target = 1:3 r/r ratio.
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