GBPJPY H1: BEST Level to SHORT/HOLD +170 pips(SL/TP)(SWING)

GBPJPY H1: BEST Level to SHORT/HOLD +170 pips(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as SHORT because 170 pips downside still
remains. recommend to SHORT/HOLD IT.

🔸 Summary and potential trade setup
::: GBPJPY H1 chart review
::: currently range locked
::: SHORT/HOLD re-test of range lows
::: 170 pips downside remains
::: BEARS will target 138.10
::: BEARS will take from here
::: expecting pullback / re-test of range lows
::: for now SHORT IT / MARKET SELL
::: TP BEARS +170 pips
::: recommend to SHORT/HOLD TP 138.10
::: recommended strategy: SHORT/HOLD 138.10
::: TP1 BEARS +170 pips
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 138.10 fresh demand zone
::: 140.30 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: MIXED/RANGE

Commentaire:

BOOM!

Commentaire:

TP HIT