GlobalHorns

GBPJPY - SELL - 200 + pips

Short
GlobalHorns Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
The GBPJPY has been moving up a lot this week, but based on my strategy, it looks like we might expect it to reach somewhere around 181.100 to 181.000 in the coming weeks. I'm planning to sell for a swing trade or a longer-term hold, for a maximum of eight weeks. This trade is based on time, so if it reaches eight weeks without hitting the target profit, I'll close it.
Trade closed manually:
Closing in profit.
Trade closed: target 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.