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SupremeTradingFX
Jun 29, 2023 10:55 PM

GBPJPY - 29/06/2023 30 Min TF [Short] Short

British Pound/Japanese YenFXCM

Description

29/06/2023 - 30 Min TF

After a long Bullish run, we can see on the 30Min & 1 Hour timeframes there has been a shift move in momentum in the last few days. The market has been highly bearish so we will be looking for sells in the market.

The market has been highly bearish so we will be looking for sells in the market. Dispite the bullish momentum on the Weekly & Monthly timeframes.

Recent news articles also points to a potential Bullish run. Raising interest rates also supports the idea of a longer

Looking to enter a trade after price has broken above area of resistance, & it has come back to close below the zone. 1:1 Risk-to-Reward or higher win rate ratio

Happy Trading!
Supreme Trading Society

DISCLAIMER: All trades are just my own ideas and should not be taken as a signal. Follow me for more ideas
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