G'day, Guys.
Today I sharing One of my Daily analyses which is GBPJPY (Cross Pair)
Based on the Bigger timeframe, it's clearly shown the downtrend pattern forming. From here I am personally, looking for a Short position with proper risk management by applying Lot Distribution Strategy.
I will be targeting Take Profit at 149.193 Price tag with tight Stop Loss at 152.390
Entry zone will be at a few levels 151.534, 151.674, 151.937 & 152.200.
Remember, trade with your own risk tolerance and dance with the market.
Today I sharing One of my Daily analyses which is GBPJPY (Cross Pair)
Based on the Bigger timeframe, it's clearly shown the downtrend pattern forming. From here I am personally, looking for a Short position with proper risk management by applying Lot Distribution Strategy.
I will be targeting Take Profit at 149.193 Price tag with tight Stop Loss at 152.390
Entry zone will be at a few levels 151.534, 151.674, 151.937 & 152.200.
Remember, trade with your own risk tolerance and dance with the market.
Trade closed: target reached