GBPJPY SELL SETUP
GBPJPY has consistently respected the trendline, failing to break above it for several days while forming a double-top pattern. This confluence provides a strong rationale for taking a short position.
-Always follow risk management
-Risk no more than 1% per trade
-Always follow risk management
-Risk no more than 1% per trade
Trade closed: stop reached
Note
GBPJPY has reached the top. I expect a sharp drop any day
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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.