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
JPYGBP trade ideas
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
GBPJPY Head and Shoulder Pattern BreakoutGBPJPY Head and Shoulder Pattern Breakout
The Timeframe is 4h that will give a head and shoulder pattern breakout.
