Pair is in strong resistance zone, and also rejected from previous high on smaller time frame. moreover we are trading at the overbought extreme. looking for a short trade at market price
Entry 147.55
Stop 148.20
Target 146
Please consider your own due diligence before implement.
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Entry 147.55
Stop 148.20
Target 146
Please consider your own due diligence before implement.
Facebook: https://www.facebook.com/DailyTradingCall
StockTwits: http://stocktwits.com/kashifrehman
Tradingview: https://www.tradingview.com/u/kashifrehman
Note
GBP/JPY move stop loss to +35 pips @147.20Note
Manually closed at 146.20 with 135 pips
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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.