GBP/JPY LOOKING BEARISH!
We can clearly see this pair is in a BEARISH Trend by looking at the Daily timeframe.
Switching to the 1 Hour Timeframe, I can get a better picture of when I need to enter this market.
Price has tested the Pivot all week and continues to bounce between it and a strong support at 181.250.
MACD showed me a cross, RSI is under the MA and price is under all of my EMA's for added confluence.
Entry - 181.785
TP- 181.250
SL-182.035
Hoping for a little over 50 pips for this trade! Cheers!
GBPJPY
Switching to the 1 Hour Timeframe, I can get a better picture of when I need to enter this market.
Price has tested the Pivot all week and continues to bounce between it and a strong support at 181.250.
MACD showed me a cross, RSI is under the MA and price is under all of my EMA's for added confluence.
Entry - 181.785
TP- 181.250
SL-182.035
Hoping for a little over 50 pips for this trade! Cheers!
GBPJPY 
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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.