FX:GBPJPY   British Pound / Japanese Yen
Dear traders,

We can see that on higher timeframes such as 1D - 4H - 1H timeframes that resistance is formed, i placed a SELL order slightly under the level of resistance so if it may break out and go to lower levels than we can enter this position nicely.

The details of the order are as follows:
Entry: 151.018
SL: 151.305
TP: 150.739

This Analysis is for educational purposes only and is not financial advise.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.