GBP/JPY SHORT
GBP/JPY is currently in a overbought market with the RSI being 82.25 so some kind of retracement is imminent , having also broke out of the Bollinger bands i am certain that GBP/JPY will short here
I'm shorting around the 171.700 level with my stop loss just above the low volume node and expect the price the retrace to the previous support level of around 168.035
GBP/JPY is currently in a overbought market with the RSI being 82.25 so some kind of retracement is imminent , having also broke out of the Bollinger bands i am certain that GBP/JPY will short here
I'm shorting around the 171.700 level with my stop loss just above the low volume node and expect the price the retrace to the previous support level of around 168.035
Trade closed: target reached:
Beautiful trade with a 5.07 risk to reward complete
