TradingView
Salmanmemon786
Dec 19, 2016 4:37 AM

gbpjpy short on strong Resistance area  Short

British Pound/Japanese YenFXCM

Description

gbpjpy holding below 147.5 level and drop down if hold below 147.5 as corrective move we can see toward 142-144

also trading below weekly pivot 146.89 and daily pivot 147 if hold below a drop expected

advice sell in range of 146.4-147.1 sl above 147.5 TP1 144.3- TP2 142

Comment

Trade running 85 pips Green move sl at cost small trader can get exit as Risk management is key of Success in forex

Trade closed: target reached

Target 1 done

Comment

As tp1 done and trade near tp2 If hold below 147 we can see soon 140-138 level

Comment

340 Pips waiting for TP2

Trade closed: target reached

All Target done Trade done still we hope for 1.40-1.41
Comments
jojofang0901
Beautiful trade setup, thank you for sharing your idea. I have similar view as well on this pair.
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