Sell GBPJPY Breakout
The GBP/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined pattern.
Key Points:
Sell Entry: Consider entering a short position (selling) below the broken support level, ideally around 192.80. This offers an entry point close to the perceived shift in momentum.
Target Levels: Initial bearish targets lie at key levels below the breakout point:
190.96: This represents a potential support level based on previous price action.
190.26: This is a further extension of the downside target, based on the height of the recent price movement before the breakout.
Stop-Loss: To manage risk, place a stop-loss order above the broken support level, ideally around 193.00. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
Key Points:
Sell Entry: Consider entering a short position (selling) below the broken support level, ideally around 192.80. This offers an entry point close to the perceived shift in momentum.
Target Levels: Initial bearish targets lie at key levels below the breakout point:
190.96: This represents a potential support level based on previous price action.
190.26: This is a further extension of the downside target, based on the height of the recent price movement before the breakout.
Stop-Loss: To manage risk, place a stop-loss order above the broken support level, ideally around 193.00. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
Trade ativo
Nota
Trade fechado: objetivo atingido
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👉👉 Join My Telegram Channel :
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📞📞Telegram me @t.me/kabhidhan
✳️ Forex Signals & Technical Chart : telegram.me/kabhifx
✳️ Crypto Technical Analysis - telegram.me/Kabhi_Crypto
📞📞Telegram me @t.me/kabhidhan
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.