GBP/JPY SELL after bearish confirmation
This is my very first post on trading view, please be kind :)
i am looking for a sell because the overall trend is downwards.
Price reacted to the zone and i am looking for a break and retest off it with some bearish confirmation to take a sell based on a 1:1 Risk/Reward.
* I only use the RSI to see if price is oversold or overbought and only use trend lines, horizontal lines to keep it as simple as possible.
Currently trading for a few weeks so as my practice keeps developing i will add more things to the chart.
Good Luck to all of you
Valentinovich
i am looking for a sell because the overall trend is downwards.
Price reacted to the zone and i am looking for a break and retest off it with some bearish confirmation to take a sell based on a 1:1 Risk/Reward.
* I only use the RSI to see if price is oversold or overbought and only use trend lines, horizontal lines to keep it as simple as possible.
Currently trading for a few weeks so as my practice keeps developing i will add more things to the chart.
Good Luck to all of you
Valentinovich