rhf_fx

GJ Analysis 29/09/2020 -- Update 2

Short
FX:GBPJPY   British Pound / Japanese Yen
Price broke below support and created resistance on the 15m timeframe. We entered as the 15m candle flipped bearish with stops above that current 15m candle at just 2 pips. Our target was the bottom of the next support and our runner ran for 40 pips. before forming a new support and moving back up.
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.