2023 Jan 19 GBPJPY
Risk/Reward
4:1
Confluences
Macro
Weekly - Multiple candles rejected price zone 161.000 Psychological level/Weekly key level, this level also being the previous week high
Daily - Previous Daily candle heavily rejected the said weekly key level of 161.000, as well as closing below 159.500, A Daily key level.
4h - Market condition on this timeframe transitioned into a bearish condition market, creating new lower highs and lower lows, currently the market is retesting the recent structural lower lows during today's US session.
Micro
15m - Yesterdays US session used as entry zone
5m - Bearish rejection candle off of said US session zone used as entry point.
Remarks:
All trading rules followed as accordingly, no entry against a key level and not counter trend trading.
4:1
Confluences
Macro
Weekly - Multiple candles rejected price zone 161.000 Psychological level/Weekly key level, this level also being the previous week high
Daily - Previous Daily candle heavily rejected the said weekly key level of 161.000, as well as closing below 159.500, A Daily key level.
4h - Market condition on this timeframe transitioned into a bearish condition market, creating new lower highs and lower lows, currently the market is retesting the recent structural lower lows during today's US session.
Micro
15m - Yesterdays US session used as entry zone
5m - Bearish rejection candle off of said US session zone used as entry point.
Remarks:
All trading rules followed as accordingly, no entry against a key level and not counter trend trading.
İşlem kapandı: durdurma seviyesi
Overall this is a probability loss, unfortunately the market did not play out as intended. Risk as always, a very minimal loss.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.