GBPJPY, 15-minute timeframe chart
👉General outlook
GBPJPY has been under selling pressure within the last couple of hours.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 189.250.
Set your stop loss at 190.051 above the previous high ($5.32 loss for 0.01 lot) and take profit at 188.450 ($5.32 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
The upcoming news will not influence your orders within the mentioned period.
Some traders may close their positions on Friday, which can add more pressure to the market.
👉General outlook
GBPJPY has been under selling pressure within the last couple of hours.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 189.250.
Set your stop loss at 190.051 above the previous high ($5.32 loss for 0.01 lot) and take profit at 188.450 ($5.32 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
The upcoming news will not influence your orders within the mentioned period.
Some traders may close their positions on Friday, which can add more pressure to the market.
Trade closed: stop 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.
Join My Telegram Channel
BEST Technical Analysis Best Trader - Master Of Market I’m here to give back what I have learned and earned. FREE SIGNAL ( 95% winning rate ) FREE MAPPING TP AND SL PROVIDE INVESTMENT OF
t.me/+x2x-lfCbt6wzNDQ0
BEST Technical Analysis Best Trader - Master Of Market I’m here to give back what I have learned and earned. FREE SIGNAL ( 95% winning rate ) FREE MAPPING TP AND SL PROVIDE INVESTMENT OF
t.me/+x2x-lfCbt6wzNDQ0
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.