GBP/JPY POSSIBLE SELL

17 Ağu 2023

Posted this yesterday but deleted shortly after posting, but after the first test of my POI I no longer feel as uncertain as I did yesterday. It is still a risky play, but today Yen pairs are bearish. GJ was bearish earlier in the day and I was able to get some trades before the bullish move happening now. I still think there's some merit here. GJ has breached multi-year highs and is at a very important area, which it reacted to early hours of today (my time zone GMT+1). Decent RR, let's see how it plays out. NFA, Do your own analysis.

18 Ağu 2023

Not

100 pips down, already done 1:3 RR. Take partials. I expect a pull back at around 185.275, might add more positions.

21 Ağu 2023

İşlem kapandı: durdurma seviyesi

GJ encountered strong support around 184.650. I had already taken partials and broken even. My stop has been hit on it's way up, I'm out of this trade.