by Saqib I, June 8, 2022
by Saqib Iqbal June 8, 2022
GBP/JPY
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Short
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D1
Table of Contents
D1
vol/wav
Pair hits 168.45 previous high. Good to sell now with a very tight stop loss.
sell now
1%
168.50
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i am not here to argue mate, but if the trade was not working, what would you have said?
Everyone has his own methodology. Based on my past ten years of trading, I have created some cool methods of trading. I keep sharing here. However, I am not denying your point. Not every resistance or support is honored. But an overstretched position has higher probability to honor the sup/res because of profit taking and technical order flow.
I am open to learning and would love to hear your opinion.
I hope it makes sense now.
short just because the price reached some resistance does not make any sense