Good entry for a riskier short on GBPJPY
The orange line is a weekly resistance!
We can see that price has stopped its bull run after reaching this line.
There is RSI divergence from the last 2 tops
I expect the price to just dump from here, so I put a tight stop. So this is a more risky trade with a bigger RR of 5.2
We can see that price has stopped its bull run after reaching this line.
There is RSI divergence from the last 2 tops
I expect the price to just dump from here, so I put a tight stop. So this is a more risky trade with a bigger RR of 5.2
Not
Here is the weekly orange support:Not
GBP pairs are at the top of a big range right now, so expecting it to go down from here!Not
There was RSI divergence all around on this one with the 1H timeframe :)Not
^^ 3 out of 4 would have worked out perfectly
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.