British Pound / Japanese Yen
Short
Updated

Nice 1:5 Risk:Reward Sell on GBP/JPY!

130
Want to expand into other pairs other than Gold and EU/GU. Here Gbp/jpy has a clean setup; price broke out of its consolidation range, and broke HTF structure. Bias is definitely bearish, so looking for sells upon retest of the highlighted zone. Nice RR, stoploss also reasonable.
Note
breakeven

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.