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Gbpjpysell

GBP/JPY SELL SIGNAL Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! GBP/JPY: Daytrade-Preparation Market-Sell-Order: 138,560 Stop-Loss: 139,150 Target 1: 138,090 Target 2: 137,600 Target 3: 137,220 Stop-Loss: 59 pips Risk: 0,5 % - 1% Risk-Reward: 2,30 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
2
GBPJPY, 4hr timeframe, price back into zone after false breakHello my friends, I previosly posted about the chance of GBPJPY making a broadening wedge pattern. Looking at the previous daily candle of all GBP pairs, i could say that most of the pairs making a bearish reversal candle so there is possibility GBPJPY could turn lower as well. I am closing my previous buy and cut my losses at138.90 for -20 pips. At the same time i switched into sell position because the last 4hr candle close also support further downside. Sell GBPJPY 138.90 Stop loss 139.50 Take profit 137.85 RR ratio is 1 : 1.75 Risk only 1% of your equity Set stop loss to entry once price move below 138.50 Good luck
Short
by HayatoDragonFX
GBPJPY POTENTIAL SHORT TRADE SETUPHi Traders, - In the GBPJPY 2H chart above, price is trading within an ascending wedge pattern. - Price made a multi-touch on the upper trendline which is suggesting deceleration of buyers. - I will be watching out for the breakout of the green levels on the chart which will also lead to the break of the ascending trend lines for short entries. - Price has the potential to move lower towards the major ascending trendline on the chart. I'll be watching how this plays out in the days ahead. Kindly support this analysis with your likes and comments. Thanks for reading! Veejahbee.
Short
by Veejahbee
1