As predicted, GBPJPY is slowly creeping towards my Take Profit which is at the previous high level 148.000. When price reaches this level, I will bank the remaining portion of my position and look for signs of supply for a short setup. This setup will take place in the form of a bearish structure formation and I will enter the short upon confirmation of the break.
Contact me via direct message for any assistance required
Best regards
Linton
Contact me via direct message for any assistance required
Best regards
Linton
Trade closed: target reached
Price reached my target level and I have taken profit on the remaining portion of my position. I will now wait for confirmation of a structure break to enter a short position.Trade closed: target reached
Target achieved
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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.