GBPJPY SHORT IDEA

27 jul 2022

NFA not financial advice



GBPJPY short trade setup as we can see the obvious trendline has been respecting for some time now and there is high volume at this area 165.560 .786 fibonacci area i will be shorting from here if trade setup is still valid like and comment your view point or ideas thank you for tuning in cheers

28 jul 2022

Nota

UPDATE this was an amazing trade just the stop loss was modified during the draw down we have reached the bottom of the last ABCD pattern we went long on my last trade i did not expect GJ to push that high but do too the trading volume at that area of interest just makes sense the red flags are the areas of high volume of which you could have entered for a short my trade idea is still valid i will be holding my positions to the -.27 & -0.618 thank you cheers

30 jul 2022

Nota

update

for my entries i have adjusted my stop loss when they were triggered price came down to the -.27 area like we planned trade setup was a success