GBP JPY SHORT
Updated
From the daily , it has reached a major resistance level which is seen in the 4hr as the bullish candles are weak at close and price creating a resistance zone
On the 1hr , the resistance region has held and price is failing to break through
As London market approaches 9.00am +3Gmt , price will be monitored on the 1hr 30min and 15min (this is for early entries)
The short Idea will be invalid if price breaks through the 181.807 closing bullish to 181.875 region and we will be looking to buy after it creates support on the 15min
On the 1hr , the resistance region has held and price is failing to break through
As London market approaches 9.00am +3Gmt , price will be monitored on the 1hr 30min and 15min (this is for early entries)
The short Idea will be invalid if price breaks through the 181.807 closing bullish to 181.875 region and we will be looking to buy after it creates support on the 15min
Trade active
stop loss above the current 30min candleNote
stopped out ; lets see what New York session holdsi may take a buy at 181.875
or a sell at 181.650
Trade active
second chance risking 1% at 181.650 sellNote
heading tp at 151.530Trade closed manually
closed manually at 151.540
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