British Pound / Japanese YenUpdated GBPJPY PRICE TRAP 1HR tf
GBPJPY Price Trap - (BUY/SELL)
BUY
Entry: If price break and closes above
alert price on the 1hr tf, enter on the break or the retest
Alert: 148.188
TP1: 148.436 (25 pips)
TP2: 148.621 (44 pips)
SL: 147.883 (30 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
SELL
Entry: If price break and closes below
alert price on the 1hr tf, enter on the break or the retest
Alert: 147.427
TP1: 147.152 (27 pips)
TP2: 146.882 (54 pips)
TP3: 146.611 (81 pips)
SL: 147.737 (31 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
THESE ARE N.O.T. PENDING ORDERS
MUST WAIT FOR THE BREAK & CLOSE
BUY
Entry: If price break and closes above
alert price on the 1hr tf, enter on the break or the retest
Alert: 148.188
TP1: 148.436 (25 pips)
TP2: 148.621 (44 pips)
SL: 147.883 (30 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
SELL
Entry: If price break and closes below
alert price on the 1hr tf, enter on the break or the retest
Alert: 147.427
TP1: 147.152 (27 pips)
TP2: 146.882 (54 pips)
TP3: 146.611 (81 pips)
SL: 147.737 (31 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
THESE ARE N.O.T. PENDING ORDERS
MUST WAIT FOR THE BREAK & CLOSE
Trade active
Price closed above for the buyTrade closed: target reached
ALL TARGETS SMASHED
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.
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.