Back to all Ideas

GBPJPY Short

by Nick T, June 3, 2021

GBP/JPY H1 Downards Trendline on Supply Zone

by Nick Taylor June 3, 2021

0
Share

GBP/JPY

|

Short

|

H1

Timeframe:

H1

Analysis Method:

Downards Trendline on Supply Zone

Analysis:

GJ rejected a trendline from previous highs in confluence with a supply zone.

Trade Plan:

Looking to reduce risk and take partials at each demand zone on smaller time frames

Risk Management:

0.5% of account

Things To Watch For:

Break out of trendline and close above

LEAVE YOUR COMMENT HERE:

View previous comments

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