SHORT GBPJPY
ORDER PRICE 154.90
SL 154.60
TARGET 128.50
Analysis based on Monthly chart. So need patience and for positional trade only
If Stop Loss hit must Exit as the trend going to Change on Monthly
Idea is based on Resistance Level, Not a reversal confirmation Trade.
Those who wish to take more high probability trade can wait for reversal Candle confirmation on WEEKLY
All the best
ORDER PRICE 154.90
SL 154.60
TARGET 128.50
Analysis based on Monthly chart. So need patience and for positional trade only
If Stop Loss hit must Exit as the trend going to Change on Monthly
Idea is based on Resistance Level, Not a reversal confirmation Trade.
Those who wish to take more high probability trade can wait for reversal Candle confirmation on WEEKLY
All the best
Comment:
Stoploss 156.90 . Ignore the previous SL as its wrong. STILL PENDING ORDER - High went 154.84