FX:GBPJPY i think this is best chance to runing a big down move in gbp jpy , im in this trade with 0.75 of my equity i if in h1 create a new down trend , i will put again into this trade in the correction of h1 trend and i will gain more than 8:1
even breake this top for hit retale stop loses , i will not be buyer , last up move was very sharp and without trend and many imbalances , market will be balance this space with a beautiful down move <3
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market is creating an double top liquidity for retail traders , maybe want hit the sl of retails , avoid this and decrease your risk with an wider stop , after this sl hunt this chart can have a huge down move good luck
little risky because of the massive push up but nice scenario i love that mate cheers
kiaanfattahi
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@Mehran.mohamadi1, i think this sl is diffrent to my mt5 stop , in the mt5 my sl is above last daily high , in this time i focused on charts that their push ups and push downs havnt any trend , like this upside moves , and this upside moves are only because of getting liquidity and this moves are very weak , this is part of my research about shape of trends , and wich trend is weak and wich trend is strong , you can see many weak trend although they have massive pushes like an tall and skinny boy that have an weak legs , although his legs are tall , but they are weak because of missing the muscles. i thinks this chart is in the proces of creation an double top for retail trades to create liquidity on the top , then grab their stops and then start the down side move
holy shit my writing is getting improve
mehran.mohamadi1
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@MohammadFattahi, yes sure buddy your writing are perfect the idea about trend that you said was interesting i'll do my research about for me 157.461 was the best place to entering into this beauty because it totally grab all the liquidity this number happens after 2 days of tracking this pair I think it will be money
kiaanfattahi
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@Mehran.mohamadi1, this was a beauty entering , this pair need to create a down trend in h1 , after creation this donw trend i will Re,enter . i think a huge down move is on the way
mehran.mohamadi1
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mehran.mohamadi1
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@Mehran.mohamadi1, hit my first target time for do some partials
kiaanfattahi
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@Mehran.mohamadi1, amazing , <3 im glad to hear this
mehran.mohamadi1
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@MohammadFattahi, special thanks to you because you brought my attention on this