GBPJPY.PRO.OTMS trade ideas
GBP JPYIF GJ breaks the trendline and strong resistance, then it will run for long.
waiting for a confirmation of BT. if BE happens, then look for short term SHORT.
BEST SELL OPPORTUNITYMARKET IS IN DOWNTREND
IT BREAK THE TREND LINE AND MISS TO FORM A DOUBLE TOP
NOW MARKET CREATING LOWER LOW
WICK REJECTION ON 4HOUR AND 1HOUR AS WELL
sell when it break the structure low
GBPJPY SELL - PRICE ACTION GJ SELL - Price action based confirmation entry . Maximum probability to reach target ... One Pair Enough to Ful Fill your requirement
A GOOD RISKREWARD TRADE IN GBPJPYSELL CMP 152.678 SL 153.984 TP 148.770
DONT RISK MORE THAN 1% OF YOUR ACCCOUNT
NOTE :- GIVEN TRADES ARE FOR FOR EDUCATIONAL PURPOSE ONLY. TRADE AT YOU OWN RISK
GBP/JPY Short.On both the 2H and 4H TF's, GBPJPY has been in a downtrend respecting the levels of the descending channel shown.
Currently, I am looking for short entries, following the trend and following bearish divergences on the RSI.
Price may still break above this level, hence my hesitation.
Drop opinions below.
GBPJPY 1 hour shortCorrect time to Sell Gbpjpy. Good impulse move now lets make this corrective. ;)
Entry 152.50
Sl 153.40
Tp 148
