Going short on GbpJpy.
Risk to reward on this trade setup is 1:2. Should take a few days to a week or two.
Based on confirmation of a fake out followed by confirmed break of structure towards the downside.
Targets: 184.6 & 180.3
Stop: 193.40
Risk to reward on this trade setup is 1:2. Should take a few days to a week or two.
Based on confirmation of a fake out followed by confirmed break of structure towards the downside.
Targets: 184.6 & 180.3
Stop: 193.40
Trade active
Position is active and trading in greenNote
Price has achieved our first target. Now we move the stop to break even and liquidate 50% of the position and let the remainder run in anticipation for target # 2Note
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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.