Trading idea on 1h chart:
Short GBPJPY – test of resistance and downtrendline
________
Trading idea: limit sell order at 132.14, Risk-Reward = 2.71 ( I am in trade)
SL@ 132.56, TP@ 131.00
if SL is triggered, wait for retest of breakout to go long
__________________
Disclaimer: There is a very high degree of risk involved in trading forex . I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
Short GBPJPY – test of resistance and downtrendline
________
Trading idea: limit sell order at 132.14, Risk-Reward = 2.71 ( I am in trade)
SL@ 132.56, TP@ 131.00
if SL is triggered, wait for retest of breakout to go long
__________________
Disclaimer: There is a very high degree of risk involved in trading forex . I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.