Two shots on The Widow Maker. 1:50+RR
Price action context clues have presented us with a selling opportunity on the widow maker...aka GBPJPY.
This pair is high volatile so trade with caution, keep your risk low and your reward high.
Based on the previous sessions price action, I am anticipating continuations today and on into Thursday.
I am going to be monitoring price action and seeing where we are around London Open.
If price action agrees, then I'll be pulling the trigger.
What I have depicted here is my perspective and area of interests that I am currently looking at.
Please do not take this setup blindly. Only if your own bias and analysis agrees.
Do not overleverage and do not trust my analysis more than yours.
The best analysis is always going to be your own.
Happy trading traders!
This pair is high volatile so trade with caution, keep your risk low and your reward high.
Based on the previous sessions price action, I am anticipating continuations today and on into Thursday.
I am going to be monitoring price action and seeing where we are around London Open.
If price action agrees, then I'll be pulling the trigger.
What I have depicted here is my perspective and area of interests that I am currently looking at.
Please do not take this setup blindly. Only if your own bias and analysis agrees.
Do not overleverage and do not trust my analysis more than yours.
The best analysis is always going to be your own.
Happy trading traders!
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Join The Hyena Hut and learn exactly how I approach the charts. Contact me on Instagram if you have any questions :)