P_Parker
Short

GBPJPY Short - not able to hold above Resistance

FX:GBPJPY   British Pound/Japanese Yen
171 1 2
This is a Price Action Setup I normaly dont trade, but I want to give it a chance with a small Lot Size.
Usually I go for Pinbars and Engulfings. Dojis (in this case on D1) are new in my Strategy.

-> Price was not able to hold above Resistance
-> see Chart for Details
-> I guess there will be an Outbreak soon because Price squeezes in the last hours in a small Range (see H1)

Thanks to Daniel B. and his Idea to GBPJPY             .
This is the true Benefit of TradingView for me: Learning from other Traders!

Cheers
Parker
P_Parker
a year ago
Update: Target hit!
Reply
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