Short setup for GBPJPY
PAIR IN FOCUS: GBPJPY
ACTION: SHORT
GBPJPY has printed a bearish engulfing candle on the Daily charting, giving a bearish signal for a short entry.
Looking for a retrace into the entry zone for a better R:R ratio. Observe for bearish price action before any short entries. The GBP will be look towards the Brexit situation for any strength or weakness.
The Entry Zone, TP Zone and Stop Loss have been indicated on the charting.
ACTION: SHORT
GBPJPY has printed a bearish engulfing candle on the Daily charting, giving a bearish signal for a short entry.
Looking for a retrace into the entry zone for a better R:R ratio. Observe for bearish price action before any short entries. The GBP will be look towards the Brexit situation for any strength or weakness.
The Entry Zone, TP Zone and Stop Loss have been indicated on the charting.
Trade closed: target reached
TP zone reached!
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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.