GBPJPY Short - Lower High (LH), Lower Low (LL) Formation with RS
Spotted a Short opportunity on GBP/JPY as the pair forms a Lower High (LH) and Lower Low (LL) pattern. RSI indicates resistance, confirming the bearish momentum.
Entry Point: 189.96
Target Price: 187.00
Stop Loss: 192.39
Risk/Reward Ratio: 0.15
Account Size: $10,000
This setup capitalizes on a weakening trend after price rejection at resistance, with a tight risk management strategy in place. Monitoring for a potential breakdown towards target levels.
Entry Point: 189.96
Target Price: 187.00
Stop Loss: 192.39
Risk/Reward Ratio: 0.15
Account Size: $10,000
This setup capitalizes on a weakening trend after price rejection at resistance, with a tight risk management strategy in place. Monitoring for a potential breakdown towards target levels.
Aviso legal
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