Weekly Perspective (GBPJPY),(JPYGBP)
Updated
hey guys,
The pair is forming a trend continuation pattern on the downside & it is more like to head towards south.Both the GBPJPY & the JPYGBP forms a trend continuation pattern that is short term trade setups & they are highly risky if you dont have proper strategy,money management & risk management.so guys dont just enter on that trade because you see a trend continuation you have to study the overall structure.if you take this short term trade setup move your stops to break even & let your trade run.It is just a simple principle sell at high & buy at low.Hope you guys understood why I shared this stuff with you because we want every traders future independent.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
The pair is forming a trend continuation pattern on the downside & it is more like to head towards south.Both the GBPJPY & the JPYGBP forms a trend continuation pattern that is short term trade setups & they are highly risky if you dont have proper strategy,money management & risk management.so guys dont just enter on that trade because you see a trend continuation you have to study the overall structure.if you take this short term trade setup move your stops to break even & let your trade run.It is just a simple principle sell at high & buy at low.Hope you guys understood why I shared this stuff with you because we want every traders future independent.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
Trade closed: target reached
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