GBPJPY Sell - Time to give back to Market
Following the Bank of Japan's interest rate decision, GBPJPY has surged by over 500 pips. Presently, it exhibits indications of rejection upon retesting the breached uptrend trendline, thereby confirming a potential short position. TP and SL levels have been identified and delineated. It is imperative to adhere strictly to risk management principles. Kindly review our prior analyses for reference.
Trade active
30 pips in profitTrade active
60+ pips in profit. Set BreakevenTrade active
100 pips in profit. Secure some let run risk-freeTP1 188.50
TP2: TBC
Trade active
160+ pips running in profit Moving SL to 192.00
Back to back high accuracy trades
Don't forget to Check out our previous ideas
Trade active
220+ pips in profit. Secure some and move SL to 191.50Trade active
280+ pips in profit TP1 187.00
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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.