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Monday, March 08, 2021

GBPJPY (1Hour chart): 4 Good reasons to sell!!!

GBPJPY (1Hour chart): 4 Good reasons to sell!!!


3 Good reasons to sell GBPJPY

Gooday Traders
I'm anticipating a sell if:

  • The upward trendline gets intersected
  • Price retests the broken upward trendline
  • Price retests the downward trendline
  • A bearish reversal candlestick at the two trendlines to confirm entry

Risk: 35 pips( to avoid premature stop loss)❌
Reward: 256 pips🤑
Risk/Reward Ratio: 7✔

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DR .Swing_Forex

from Trading Ideas
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