GBP/JPY Short Following Previous Analysis.
Following a previous analysis on the DAILY timeframe we have re-tested the resistance area (2H) just under the trend line. Moved to the 15M timeframe to look for entries, Price is currently rejecting the 0.618 Fib Retracement/ EMA area hasn't touched the 0.618 GOLD zone but is respecting the 20EMA. Looking for SHORT trades on MONDAY.
My stops will be around the 0.236 around 140.470- 140.700 this is above the resistance area with TP1 at the 1.618.
Remember good Risk/ Reward Ratio.
TRADE AT YOUR OWN RISK. THIS IS JUST MY IDEA AND I'M QUITE NEW TO TRADING
My stops will be around the 0.236 around 140.470- 140.700 this is above the resistance area with TP1 at the 1.618.
Remember good Risk/ Reward Ratio.
TRADE AT YOUR OWN RISK. THIS IS JUST MY IDEA AND I'M QUITE NEW TO TRADING
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.