GBPJPY Clean Naked Trading
Updated
I took a early trade on this early and got stopped out. But this was a key zone I was looking for.
- We see a strong rejection on the 4 hour time frame.
- If you zoom into the 15 minute time frame, you can see price was struggling to push up, that is why I went in for a short.
- Daily time frame we can see price is in a uptrend but the market is basically consolidating and getting as much orders as possible to push up.
- We can see every time it pushes up it is strong and barely any stress, consolidation is the markets best bet to push the price even higher.
**If you have any other ideas please put it down below, I would love to read it
- We see a strong rejection on the 4 hour time frame.
- If you zoom into the 15 minute time frame, you can see price was struggling to push up, that is why I went in for a short.
- Daily time frame we can see price is in a uptrend but the market is basically consolidating and getting as much orders as possible to push up.
- We can see every time it pushes up it is strong and barely any stress, consolidation is the markets best bet to push the price even higher.
**If you have any other ideas please put it down below, I would love to read it
Trade closed manually
Closed manually, I am looking for a better entry now
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