D_Market_Outlook

So much space for GBPJPY to DROP?

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D_Market_Outlook 已更新   
FX:GBPJPY   英鎊 / 日圓
1. RSI is clearly declining and below the 50 level
2. Break of trendline (Bearish Flag)
*Important to note that trendline has been violated before and thus breaking of trendline does not signify a huge factor
3. Lower low price action of candle stick
4. Higher time frame shows lower low candle stick and bearish price action
5. RR is good
**Position size was lower as I do recognize entry is based on a 1hourly time frame instead of my usual 4 hourly.
評論:
Depending on your risk appetite, you can take some position off.
交易結束:達到停損點:
Breakeven ON REMAINING POSITION
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