ProjectSyndicate

gbpjpy h4 distribution short from premium price

Short
FX:GBPJPY   Sterlina / Yen giapponese
gbpjpy 4hour chart review. currently trading in well defined
range expecting more gains short-term. range is defined
by range lows at 158.75 and range highs at 165.60.
premium prices at 168.20/170.00 and 156.50/154.50.
Bulls maintain short-term advantage since reversal
off premium prices. however, bears will take over from
overhead, so look to short sell near 168.20 using SL 80 pips
tp1 bears is +240 pips tp2 bears is +480 pips, conservative
targets, however keep in mind this is a swing trade setup
so will take time to hit tp1/tp2 targets.

🎁Please hit the like button and
🎁Leave a comment to support our team!

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

MY LINKS OVERVIEW
🟡 TAPLINK.CC/PRSYNDICATE
75% WINS FREE/PREMIUM SIGNALS TELEGRAM
🔴 T.ME/THESYNDICATE001
LIFETIME BUNDLE FX/CRYPTO
🟡 SYNDICATE001.CC/
FREE GOLD TRADING SIGNALS
🟡 T.ME/SYNDICATEGOLD001
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.