GBP/JPY Heading to Supply Zone: Possible Short Scenario! Short

GBP/JPYOANDA

Description

⋅ Jun 5, 2020 2:16 PM

Let me know what you guys think about this trade

⋅ Jun 5, 2020 3:58 PM

Trade active at 139.627. For those who want to close it before the weekend, secure +30 pips. Can re-short next week when the market opens

⋅ Jun 5, 2020 5:17 PM

Running +60 pips profit. Can secure now for those who don't want to keep a position open over the weekend.

⋅ Jun 8, 2020 3:31 PM

Running 180 pips here. Secure half profit and move SL to breakeven. Congrats to those who have taken the opportunity of this short setup.

⋅ Jun 24, 2020 6:26 AM

Comments

Lowzeus

⋅ Jun 5, 2020 2:42 PM

Keep GBP strong and Jpy still weak. If looking at daily timeframe on Jpy index, the chart make head n shoulder. Target GJ is high

Praz

⋅ Jun 5, 2020 3:59 PM

@Lowzeus, A valid point of view. I do see this setup personally as a favorable R/R. Good luck!