Short GBPJPY

23 thg 5

Looking to short GBPJPY.

GJ is currently trading a VERY strong uptrend, when it moves like this counter trading must be smaller take profits.
Considering this, I am still looking to short based on what the chart shows us.

Confluences:
Previous weekly high/weekly intra key level
Alignment to AUDJPY

Entry price: 200.420
Stop: 200.900
Target: 199.80

With alignment across JPY pairs, this gives a level deeper than just technical.

Catch you later traders ▲

27 thg 5

Giao dịch đang hoạt động

Trade Live

28 thg 5

Giao dịch được đóng thủ công

Out this trade as I am not liking the lower timeframe structure, I am thinking it will retrace deeper before making it's pullback

29 thg 5

Giao dịch đang hoạt động

Trade re-opened, pre NY session. Overnight we re-traced deeper but did not break the high. This for me confirmed a pullback is still possible. Now running +25.

29 thg 5

Ghi chú

A break of the London low this session should give confirmation for a pullback, targeting the H4 50EMA as target 1

30 thg 5

Đóng lệnh: đạt mục tiêu