GBPJPY H1: BEST Level to SHORT/HOLD +200/+400 pips(SL/TP)(SWING)

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GBPJPY H1: BEST Level to SHORT/HOLD +200/+400 pips(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as SHORT because 400 pips DUMP still
remains. recommend to SHORT/HOLD IT.

🔸 Summary and potential trade setup
::: GBPJPY H1 oen hour candle chart review
::: SPECULATIVE reversal trade setup
::: 168.90 RS DUMP heavy overhead resistance
::: DUMP in progress already
::: SHORT/HOLD at MARKET best strat
::: RS of the HS pattern setup
::: 400 pips downside remains
::: H*S pattern complete already
::: expecting fresh selling / DUMP
::: TP1 BEARS +200 TP2 BEARS +400 pips
::: final TP BEARS is 162.50 short MARKET NOW
::: recommended strategy: SHORT/HOLD MARKET
::: 168.90 heavy rejection new dump in progress now
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 162.50 fresh demand zone
::: 168.90 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/DUMP
::: Sentiment outlook mid-term: BEARS/DUMP

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

تعليق:

slow progress so far

تعليق:

+80 pips congrats

تعليق:

+100 pips congrats

تعليق:

+150 pips congrats TP1 almost done

تعليق:

+240 pips TP1 hit already