The market has returned to a bearish trend in the 15-minute time frame. We are still in bearish trends of 4H and 1H.
The price broke down in the bearish direction and we have a pullback. With the last 15min engulfing candle in the direction of the trend, it gives me the necessary confirmations to sell.
Video is coming soon.
GBPJPY SELL
Entry: 145.80 - 145.90
TP1: 145.20
TP2: 144.90
TP3: 144.50
TP4: 142.85
TP5: 141.55
R/R: 5.88
• All ideas are at your own risk. Please use the appropriate risk management. We suggest never risking more than 5% of your balance in an operation. Trade carries a great risk, be careful! Loss streaks come as easy as winning streaks. If you use risk management, your account will increase with time.
The price broke down in the bearish direction and we have a pullback. With the last 15min engulfing candle in the direction of the trend, it gives me the necessary confirmations to sell.
Video is coming soon.
GBPJPY SELL
Entry: 145.80 - 145.90
TP1: 145.20
TP2: 144.90
TP3: 144.50
TP4: 142.85
TP5: 141.55
R/R: 5.88
• All ideas are at your own risk. Please use the appropriate risk management. We suggest never risking more than 5% of your balance in an operation. Trade carries a great risk, be careful! Loss streaks come as easy as winning streaks. If you use risk management, your account will increase with time.
Excellent start of the trading week. Stay patient and grateful. Appreciate you fam!