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Sell GBPJPY

by Saqib I, June 14, 2022

GBP/JPY H4 vol/wav

by Saqib Iqbal June 14, 2022

5
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GBP/JPY

|

Short

|

H4

Timeframe:

H4

Analysis Method:

vol/wav

Analysis:

The price formed a hiddn uptrhust bar witha huge volume. The 20 and 50 SMAs are makng crossover. Overall, GBP is bearish while JPY is retracing from its 20-year lows. So all set to sell the gbpjpy

Trade Plan:

sell now

Risk Management:

1%

Things To Watch For:

100-SMA. if resists again n again, close the position

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