Get started
AGold54

GBPJPY SS Short + 124 Pip Potential

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
AGold54 Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
Support and Resistance Multiple Time Frame Analysis Technical Indicators ichimokukinkohyo ichimoku_trader breakout GBPJPY GBP jpy multipletimeframe
32
7
supportandresistance mtfa indicator ichimokukinkohyo ichimoku_trader breakout gbpjpy gbp jpy multipletimeframe
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 129.40
Stop = 129.60
Risk = 20 pips
Profit target = 128.16 ( The projected daily low )
Reward = 124 Pips
RRR = 6-1
2nd Entry = 128.50
Stop = 128.75
Risk = 25 pips
Profit target = 127.75
Reward = +75 Pips
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
Trade active:
This Trade has been triggered and is now Active :)
Trade active:
This Trade is now +25 Pips. I am going to bank 1/2 my position and move my stop to flat :)
Trade closed manually:
The balance of this trade was closed flat :)
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.