Using 20 EMA as a trailing stop, GBPJPY is giving a good SHORT opportunity with a good Risk:Reward...
Price is solidly in the negative territory and has good room on the downside...
Trade closed: target reached
It was a good profit run, however, before going down to 148 levels, GBPJPY is looking upwards, as it has crossed 200 EMA on hourly charts from below and it is now a BUY - refer to other view posted on the same..
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.
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.