GBP/JPY Testing resistance, potential sell
Hello traders and the Tradingview community! Previously we had over 140 pips profit
by selling GBP/JPY around the 184.20 level. Currently, GJ is retesting the resistance
level on the 4Hour chart once again.
So, if the resistance doesn't break, we can look for another sell entry in GJ.
Selling GBPJPY@184-184.20 with SL above the resistance level and initial TP at
182 would be a potential sell trade.
Note that the above idea is valid only if the resistance zone stays unbroken
by selling GBP/JPY around the 184.20 level. Currently, GJ is retesting the resistance
level on the 4Hour chart once again.
So, if the resistance doesn't break, we can look for another sell entry in GJ.
Selling GBPJPY@184-184.20 with SL above the resistance level and initial TP at
182 would be a potential sell trade.
Note that the above idea is valid only if the resistance zone stays unbroken
Trade attivo
Sold@184.09Nota
Price appears to have broken the resistance, now we need to confirm if the breakout is real. Waiting for NY session which will confirm is this is a breakout or a "fakeout"
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