2023 Jan 19 GBPJPY

Güncellendi
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.
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.
Trend Analysis

Feragatname