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PULEMokhothu
Mar 21, 2022 11:47 AM

GBP / JPY 156.490 -0.31% SHORT IDEA * TREND POSSIBLE REVERSAL Short

British Pound/Japanese YenFXCM

Description

HELLO EVERYONE

HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
LOOKING AT THE POUND / YEN

* The pair saw a beautiful uptrend which respected structure which is now seeing some signs of weakness at the roof of this structure.
- Short term the pair looking for a momentum shift with the bears possibly signaling a strong bearish momentum on the 4h chart this stands from a reversal pattern that will emerge or a breakout of the trend line and retest of this structure we are currently trading in, a break & retest triggers.
- Looking for short entries on GJ this week should all the rules of the formation be met.

SCALING LOWER TO SEE SOME ENTRY OPPORTUNITIES HERE'S WHAT WE HAVE.



lets see how it goes


IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE

Order cancelled

BROKE ABOVE TRADE INVALIDATED

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