Get started
masterkeytrading

Live GBPJPY 6/14 12:15 am

Short
British Pound / Japanese Yen (FX:GBPJPY)  
masterkeytrading Updated   
FX:GBPJPY   British Pound / Japanese Yen
Support and Resistance Fibonacci Multiple Time Frame Analysis
3
0
supportandresistance fibonacci mtfa
  • Daily candle showing bearish engulfing
  • H4 structure consolidating and making a LH, not yet downtrending
  • Valid H1 BOS
  • m15 valid BOS,
    Risk: H4 is consolidating 15-20 pip drawdown
    Target: 136.5, 136, 135.75
Comment:
Held trade over the weekend, because there wasn't any important news.
Trade closed manually:
Closed manually before 5pm close 6/17.
136.13, could have held till 135.75
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.