Welcome to our weekly trade setup ( GBPJPY )!
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1 HOUR
Bullish reaction after breaking below main sr level.
4 HOUR
Price turned towards resistance, good short entries!
DAILY
Overall bearish market structure, expecting further downside.
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FOREX SWING
SELL GBPJPY
ENTRY LEVEL @ 138.940
SL @ 140.150
TP @ 137.190
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN