tradingwithivan

SHORT - GBPJPY

Short
tradingwithivan Updated   
FX:GBPJPY   British Pound / Japanese Yen
Im shorting GJ

Reasons

1. After finally reaching the 130.00 handle im expecting some type of bearish activity to at least 129.500
2. Around 129.500 we see a potential demand zone causing for price to create new HH to possible 131.00
3. 25 MA is seen as resistance around our next demand zone

R:R = 1:2.76

Risk 2% Overall Capital
Reward +5.52% ROI

Happy trading day !


Comment:
Target hit Reward +5.52% ROI

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