GBPJPY Clean Naked Trading
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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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.
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.