ujmandhania

If Bearish ends on H4

Short
FX:GBPJPY   British Pound / Japanese Yen
We have a bearish engulfing candle on H4 timeframe that may be confirmed in 36 minutes at 10am UK time.

Bearish shows a downward momentum however we in the zones of importance in daily timeframe. So perhaps a limit order at 50% of the bearish engulfing for a few pips alongwith a trailing stoploss to reach 100% of the engulfing???

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.