In this Analysis you can see that the GBPJPY price on the 30-minute chart, there is a possibility for a SELL position.
What we look for:
the downside prevails as long as 157.26 is resistance.
If trend will change:
above 157.26, look for 157.83 and 158.17.
My entry details:
- Entry Level: 157.360
- Take Profit level: 155.98
- Take Profit level 2: 155.64
- Stop Loss level: 106.7
- Risk: 1% of balance
*This Analysis is for educational purposes only and is not financial advise.
What we look for:
the downside prevails as long as 157.26 is resistance.
If trend will change:
above 157.26, look for 157.83 and 158.17.
My entry details:
- Entry Level: 157.360
- Take Profit level: 155.98
- Take Profit level 2: 155.64
- Stop Loss level: 106.7
- Risk: 1% of balance
*This Analysis is for educational purposes only and is not financial advise.
