GBP/JPY Short Idea
Hey Guys, GBP/JPY is trading under the 200EMA on the daily and the 4Hour chart. The Fibonacci retracements line up very well for a short. It has formed a bunch of bearish candle stick patterns after the touching the 50% level. In this trade right now with about 25 pips
My only real concern is that when I went through the Ideas section on the Trading view for this pair, majority of the ideas here are going for a short and that kinda scares me. Either its a simple short or most of us are going to be wrong. I normally trade against the general consensus. But my simple strategy points me towards a short.
Would love any feedback.
My only real concern is that when I went through the Ideas section on the Trading view for this pair, majority of the ideas here are going for a short and that kinda scares me. Either its a simple short or most of us are going to be wrong. I normally trade against the general consensus. But my simple strategy points me towards a short.
Would love any feedback.
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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.