GBP JPY TF H4 16.06.20 Short
GBP JPY H4
Sell 135.767
SL 136.509 (Loss 69 Dollar)
TP 132.425 (profit 311 Dollar)
Reason to sell:
1. Down trend.
2. Fibo matched with resistance area
3. Stoch overbough
4 Brexit and big negative GDP figure
Reason to doubt:
1. No chart pattern
2. No supporting candle stick
3. No MACD Divergence.
Risk to reward almost 1:5.
Disclaimer on
Please use proper money management; may the Pips be with you :)
Sell 135.767
SL 136.509 (Loss 69 Dollar)
TP 132.425 (profit 311 Dollar)
Reason to sell:
1. Down trend.
2. Fibo matched with resistance area
3. Stoch overbough
4 Brexit and big negative GDP figure
Reason to doubt:
1. No chart pattern
2. No supporting candle stick
3. No MACD Divergence.
Risk to reward almost 1:5.
Disclaimer on
Please use proper money management; may the Pips be with you :)
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.