GBPJPY POSSIBLE RIGHT SHOULDER
looking to short. This is risky because I didn’t catch the trade right from the zone. Price may retest the zone altogether And I may get stopped out. Hard TP is the 4hr zone below
The right shoulder seems to making another head and shoulder so that provides a little extra confluence.
If price breaks above the zone and retests, I will be looking to change my bias. Confirmation of my trade would be a break (and stay below) immediate support.
The right shoulder seems to making another head and shoulder so that provides a little extra confluence.
If price breaks above the zone and retests, I will be looking to change my bias. Confirmation of my trade would be a break (and stay below) immediate support.
Trade active
1 TP hit. SL rolled and partialed out. Currently risk freeTrade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.