GBPJPY I'm out, too high to buy.. no sign of reversal for sell. if had nice reversal would probably see.. buy would be a good ideaBritish Pound / Japanese Yen forum
GBPJPY I'm out, too high to buy.. no sign of reversal for sell. if had nice reversal would probably see.. buy would be a good idea
GBPJPY lets see how it goes
GBPJPY Entry: Below 199.800Stop Loss (SL): Above 200.200
Take Profit (TP): 196.200 (Target Point)
Trend Bias: Bearish reversal from resistance
Confirmation: Break and close below channel support
GBPJPY are we gonna dip?
GBPJPY GJ Trade plan in place: 1:5 risk-to-reward, with clearly defined entry, stop, and target. SL is at the point of idea invalidation; TP is five times the distance of the risk.This is posted as an example of my process for high R-multiple setups, not as a call to action.
Outcome will be updated once complete, showing transparency in execution.
Disclaimer: For learning only—not financial advice.
GBPJPY I know everyone is anticipating a sell off because of the bullish pressure but i believe this could go to 200.553. Reason price has been in a rising channel thats it has respected for a full week. This looks like the top of the market because i am seeing some real big selling pressure and a double top indicating a sell may be here. But i like to stick to the overall trend
GBPJPY my trade idea……GBPJPY Sell : 199.75
SL : 200.25 (50p)
TakeProfit : 196.50
— — — — —
Be sure to use a stop loss and take your own responsibility if you follow my trade idea….
GBPJPY long GBPJPY
GBPJPY so many false breakouts.GBPJPY come on show some healthy pullback