Gbpjpysell
GBPJPY Short 30 minGBPJPY created a bullish chanhe of character ( Choch )
I'm actually waiting fot price to sell into the Demand zone left behind before the change of character for mitigation .
I'll be looking forward to buy from there.
price also just gave us an opportunity to sell into the demand zone before we finally buy.
follow for more analysis.
Stefan FX...
GBPJPY Sell opportunity gbpjpy like other jpy pairs make an false breakout out and immediately down to our area
now we are expecting the market can go way down so must catch the wave down
look for bearish confirmations on lower time frames and sell GBPJPY with your own money management
always remember patience eis the key
GBPJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY Sell opportunity GBPJPY first broke the trend line than broke a support
now market is going to retest the broken support which become a resistance now
wait for the retest of broken structure and look for bearish confirmation on lower time frames
than sell GBPJPY with proper money management and risk to reward
patience is the key in the financial world
Potential Sell - Retracement! GBP/JPY - Potential sell;
Waiting for price to tap back into the demand that broke LTF structure close to the current HOD or a break of momentum/retest, if we get that with failed highs i'll be targeting the lows!
Was looking good to enter now but was to risky/SL was to large!
Let me know your thoughts!
GBP/JPY Sell 1.6K pip Sell Limit: 162.900-163.100
Stop Loss: 163.200-163.500
Take Profit: 161.900-161.600
Risk/Reward Ratio: 2.1:1
Hedge:
Buy Limit/Stop: 162.900-163.100 * Hedge Entry equal to Initial Trade Entry
Stop Loss: 161. 700-162.900
Take Profit: 163.200-163.500 * Hedge T/P equal to Initial Trade Stop Loss to hedge 100% of losses
P&L:
Potential Profit: 1K - 1.3K pips
Potential Loss: 0 - .6K pips
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