GBPJPY Sell/Short Signal

3 Oca

GBPJPY looks like a sell on the D1 and has been moving steadily down from the last entry we took. We are looking for a nice slide downward movement with key levels I marked on the chart. Last few patterns that have played out created a double top and a clear indication of an M formation to complete the full double bottom. I would like to see levels 192, 188, and 183 touch for a long term swing trade period, however, you are able to close when you wish to do so. Please be advised to use cautionary risk/reward ratios and what suits you best. If you have any questions, please feel free to message me as I love to answer questions! Thanks! Happy New Years to all! We are officially BACK!

ENTRY: 195.284 (can enter in these levels)

TP 1 (Day Trade): 192.020

TP 2 (Swing Trade): 188.006

TP 3: (extended swing trade) 183.762

SL: 50 Pips from entry

Please message me if you have any questions! Please enjoy your day and be sure to follow our page!