GBPJPY Short Idea
Looking to short GBPJPY from 189.050.
Currently GJ is making some downward momentum to the lows created after XXXjpy pairs across the board crashed. Looking to join the movement down. GJ has broken the level 188 which was the support for the small uptrend movement created after the crash. This gives me some confidence of continued downward movement. There is some alignment with other JPY pairs, AUDJPY is approaching a level that looks prudent to short as well. Timing of the alignment is necessary.
Confluences:
-38% fibo
-Key level
-H4 & H6 50EMA
Position- Short
Entry- 189.050
SL- 45 pips
TP- 150 pips (Take Partials at 1:2)
Currently GJ is making some downward momentum to the lows created after XXXjpy pairs across the board crashed. Looking to join the movement down. GJ has broken the level 188 which was the support for the small uptrend movement created after the crash. This gives me some confidence of continued downward movement. There is some alignment with other JPY pairs, AUDJPY is approaching a level that looks prudent to short as well. Timing of the alignment is necessary.
Confluences:
-38% fibo
-Key level
-H4 & H6 50EMA
Position- Short
Entry- 189.050
SL- 45 pips
TP- 150 pips (Take Partials at 1:2)
تم حذف الأمر
Trade cancelled. New low has been made therefore invalidating the setup for now. 
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.