GBPJPY (Short)

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Hi traders, as we can see right now on GBPJPY, price rise back up from previous support line 150.8 till recent high 153.4. I have published my previous analysis on GBPJPY. I will linked it at below. However things might change from here, on the chart we can see there is strong trendline holding price towards down from 155 till now. I believe this trendline still working and price will respect it, if we have a close look at it , there is a head and shoulder on current situation at this important zone. My analysis at this time will be shorting the price till 151.2 level. Please drop a like on below and comment what u think abt my analysis. As usual if price hitted our sell limit and price move towards to our favor we will decide set breakeven at our entry for protect our capital. Plan the trade , Trade the plan. Goodluck traders!!

١٤ يوليو ٢٠٢١

تم فتح الصفقة

١٤ يوليو ٢٠٢١

ملاحظة

Update price start moving towards us. Running 40 pips ,set breakeven at entry to protect our trade.

١٤ يوليو ٢٠٢١

أغلقت الصفقة: تم الوصول للهدف

traders u may take your profit at here 152.5 since its running 60 pips from here. Or u may take more thn 70% profit at now. We will focus on tmr again.

١٥ يوليو ٢٠٢١

أغلقت الصفقة: تم الوصول للهدف

We may take full profit at this level 151.9. As i saw on h4 timeframe price starting reject to the downside. Overall its still a good idea with 2.3 RR.