Charlieab94
Short

GBPJPY Short Trade *INTRADAY TREND CONTINUATION*

OANDA:GBPJPY   British Pound / Japanese Yen
Short trade set up on GJ.

Lower lows and lower highs made on the 4hr.
Last weeks candle closed very bearish .
Weekend gap up not fulfilled yet.

Shorting at 140.200 with a nice 35 pips stop loss to keep it above previous highs.

Looking for a new lower low to be made for a 4:1 RR trade. Longer term target is shown on the chart at the daily trendline and previous support/resistance zone. This would be a mega trade of over 13:1 RR
Nov 25
Trade active
Nov 26
Trade closed: stop reached
Let me know your thoughts on where you think the £ will go over the next few days and weeks.
Reply
Tesegon1 Charlieab94
@Charlieab94, most gbp pairs are being very stubborn 😅. But soon I think big drop tbh
+1 Reply
@Tesegon1, agreed
Reply
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