GBPJPY Daily Analysis : Short
Updated
Fundamentally, JPY is strong and GBP is weakening for the past week, and we expect it to become more stronger this week
Break of Structure. also containing a H&S formation in Daily graph and moving average cross - over gives us strong signs to SHORT -> GBPJPY. IF the Structure Breaks the Resistance Zone of 150, then exit the Short Position!
Take Lesser Contracts and Increase the Lot size while scaling in
Break of Structure. also containing a H&S formation in Daily graph and moving average cross - over gives us strong signs to SHORT -> GBPJPY. IF the Structure Breaks the Resistance Zone of 150, then exit the Short Position!
Take Lesser Contracts and Increase the Lot size while scaling in
Trade closed: stop reached
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