Day 5 : GBPJPY Short it like it's hot
Actualizado
Weekly Chart are showing a pull back towards the left side structure of a continuation down trend of this pair. Therefore we should find any given opportunity to short this pair at the nearest Supply Zone.
There are a few entries here please refer to the chart for the entries.
Risk Reward Ratio are pretty lucrative depend on which price you pick to short from.
It's a pull back structure and Supply Zone trade with high possible Risk Reward Ratio , and not to say that it has a BAT Pattern here ( Not particularly a good harmonic pattern drawer, the X point is not that good. But still, managed to get all the ABCDs matched for a BAT )
And there you go! we've got a Harmonic + S&D + Structure Pull Back Trade over here.
There are a few entries here please refer to the chart for the entries.
Risk Reward Ratio are pretty lucrative depend on which price you pick to short from.
It's a pull back structure and Supply Zone trade with high possible Risk Reward Ratio , and not to say that it has a BAT Pattern here ( Not particularly a good harmonic pattern drawer, the X point is not that good. But still, managed to get all the ABCDs matched for a BAT )
And there you go! we've got a Harmonic + S&D + Structure Pull Back Trade over here.
Nota
Nota
A Much cleaner picture of the plan. Pick on of these Blue lines for entry, or wait until price reached Green box and look for an inside bar or a pinbar for entry.
Operación activa
Nota
A wonderful Asia Session for GJ.. Remember to take partial profit when it reached 1:2 RR. I've already took mine, did you?Operación activa
Hit my other Sell Limits at 143.38 area, holding it until 1:2 for partial profit taking.Operación activa
Added position have reached 1:2 , taken partial profit. leaving the rest to run. NOW WE HAVE 0 RISK TRADE on the go~Operación cerrada: precio stop alcanzado
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