Libra Esterlina/Iene Japonês
Viés de baixa

short GBPJPY

101
This currently looks like a good shorting opportunity and i have personally taken this trade.

The reasons why i have taken this trade are.

1. Its hit a EMA on the 4 hour chart.
2. Its his a area of value which is resistance which is the green line.
3. The 4 hour chart is in a nice smooth downtrend.
4. My entry was the big red engulfing candle.

My take profit will vary from a few factors i will make it shorter if price action shows it will turn against me at a support level. Or a big news event that i have not interest in trading against.

Aviso legal

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