Back to all Ideas

GBP/JPY SHORT

by Alexander K, December 22, 2021

GBP/JPY H1 PRICE ACTION

by Alexander Kriss December 22, 2021

2
Share

GBP/JPY

|

Short

|

H1

Timeframe:

H1

Analysis Method:

PRICE ACTION

Analysis:

Price had been raising on low volume towards the top of the range, Looking for Swing failure of the high’s and for price to come back into the range. TP1 at the Point of control, TP2 towards the bottom of the range

Risk Management:

2 position with 0.5% risk. SL above the last swing failure wick, Once Tp1 has been hit then I’ll take the position into BE

LEAVE YOUR COMMENT HERE:

DISCLAIMER

The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product.

WE FUND FOREX TRADERS!

The5%ers let you trade the company’s capital, You get to take 50% of the profit, we cover the losses. Get your trading evaluated and become a Forex funded account trader.

Get Your Forex Funded Trading Account

Your message is underway!

You will be hearing from us shortly