Hello traders and the entire Tradingview community. Last week, we bought
GBPJPY at 178.50 level and made over 300 pips.
At the moment, however, you can see that GBP/JPY is struggling to break
the 100-hour resistance. So, there is a chance that GJ may fall again.
Of course, the scenario would change if the bulls can break the 181.10 level.
I am waiting and watching the price action now. So, if bearish price
action continues at the 181 level, I might put a sell at this level.
GBPJPY at 178.50 level and made over 300 pips.
At the moment, however, you can see that GBP/JPY is struggling to break
the 100-hour resistance. So, there is a chance that GJ may fall again.
Of course, the scenario would change if the bulls can break the 181.10 level.
I am waiting and watching the price action now. So, if bearish price
action continues at the 181 level, I might put a sell at this level.
Note
Watch out for the BOJ policy meet though, might lead to massive movesTrade active
Sold181Note
Running in 70 pips, partial profit takenTrade closed manually
Closed@180.20Trade active
Sold again@184Note
Sell from 184 running in 65 Pips profitNote
Currently in 150 pips profit, partial profit takenTrade closed manually
Closed@181.40 with 260 Pips
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.