asferruzzi

GBPJPY pin bar short opportunity

Short
asferruzzi Updated   
FX:GBPJPY   British Pound / Japanese Yen
4
Price is trending down on this 1 hour and higher time frames. Pin bar formed on recent retrace, price pull back to previous support and 50% Fibonacci level. Entry placed half way on trigger candle, stop loss placed beyond previous support, profit target placed at recent support level. Risk to reward 1:2.
Trade closed: stop reached:
Stop loss reached.
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.