Good entry for a riskier short on GBPJPY
The orange line is a weekly resistance!
We can see that price has stopped its bull run after reaching this line.
There is RSI divergence from the last 2 tops
I expect the price to just dump from here, so I put a tight stop. So this is a more risky trade with a bigger RR of 5.2
We can see that price has stopped its bull run after reaching this line.
There is RSI divergence from the last 2 tops
I expect the price to just dump from here, so I put a tight stop. So this is a more risky trade with a bigger RR of 5.2
Nota
Here is the weekly orange support:Nota
GBP pairs are at the top of a big range right now, so expecting it to go down from here!Nota
There was RSI divergence all around on this one with the 1H timeframe :)Nota
^^ 3 out of 4 would have worked out perfectly
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.
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.