I'm looking for a possible sell on GBPJPY.
Mis à jour
'I'm looking for a possible sell on GBPJPY.
The main reason why I started to look for short opportunities on GBPJPY was the rejection and failure to create higher-high around the price zone 166.180 - 166.394. I'm also seeing a possible Head and Shoulder to be completed. Hopefully with the GBP weakening and the YEN gaining some strength.
As long as the price stays below 166 I will personally still be looking for short opportunities as the price is already forming a lower high lower low sequence.
If you enjoy the content, make sure you follow my profile and click the like button.
Break at 164.631 for longer-term selling opportunities.
Take care and trade safe.
All the content I've posted is for educational purposes, please perform your own research and only take it as a reference.
The main reason why I started to look for short opportunities on GBPJPY was the rejection and failure to create higher-high around the price zone 166.180 - 166.394. I'm also seeing a possible Head and Shoulder to be completed. Hopefully with the GBP weakening and the YEN gaining some strength.
As long as the price stays below 166 I will personally still be looking for short opportunities as the price is already forming a lower high lower low sequence.
If you enjoy the content, make sure you follow my profile and click the like button.
Break at 164.631 for longer-term selling opportunities.
Take care and trade safe.
All the content I've posted is for educational purposes, please perform your own research and only take it as a reference.
Note
I had to repost due to a violation of a rule. Sorry about that!Note
So, This week was a bit choppy due to a fake break to the upside. However, as you can see price came right back to my zone of the H&S.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.