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Nova-Scalper
Jan 10, 2024 3:06 AM

GBP/ JPY ! 10/1/2024 GBP bad news today Short

GBP/JPYOANDA

Description

⭐️Smart investment, Strong finance

⭐️Personal comments NOVA:
The price is approaching the nearest resistance zone, GBP news is also not positive today. Set up SELL signal

⭐️SET UP GBP/JPY PRICE:

🔥SELL zone: 184.000 - 184.200 SL 184.500
TP1: 183.700
TP2: 183.400
TP3: 183.000

⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.

⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest

Comment

+ 20 pips , signal SELL

Comment

+ 30 pips , nice
Comments
Setupsfx_
It was too early to sell, price previously came to same area multiple times and dropped, the buy side liquidity was huge and JPY plummeted at the same time. Taking GJ to recent higher high. We think price will keep the bullish pace going up until 188.50.
Nova-Scalper
@Setupsfx_, yes, thanks for your comment
ibrar550
you need to look at fundaments not just a chart, BoJ stance is to make no changes this month due to the earthquakes
Nova-Scalper
+ 30 pips , nice
Nova-Scalper
+ 20 pips , signal SELL
Nova-Scalper
Hello everyone, what do you think about GBP/JPY price today?
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