GBPJPY, 1hr tf, sell at resistance with ichimoku confirmation
Hello my friends,
Today i took GBPJPY sell as well.
I analyze this pair on 1hr timeframe to time my entry.
As you can see i marked my sell area which previously acted as support. Price broke below it with strong candle yesterday.
The upwards movement was only a retest and i took sell positions righ after it got back below the marked zone.
Sell GBPJPY 135.50
Stop loss 136.10
Take profit 1 @134.90
Take profit 2 @134.30
RR Ratio 1 : 2
USe only 1-2% risk
Good luck
Disclaimer: I sold GBPJPY from 135.50
Today i took GBPJPY sell as well.
I analyze this pair on 1hr timeframe to time my entry.
As you can see i marked my sell area which previously acted as support. Price broke below it with strong candle yesterday.
The upwards movement was only a retest and i took sell positions righ after it got back below the marked zone.
Sell GBPJPY 135.50
Stop loss 136.10
Take profit 1 @134.90
Take profit 2 @134.30
RR Ratio 1 : 2
USe only 1-2% risk
Good luck
Disclaimer: I sold GBPJPY from 135.50