FX:GBPJPY   British Pound / Japanese Yen
Price is approaching weekly resistance level and I expect price to bounce back in down side direction and potentially get the re-test of broken trendline

Comments

Looks great where would you put the stop loss
+1 Reply
PriceActionAnalyses Moneymovesonly7
@Moneymovesonly7 it depends on what I see on intraday to decide where to put my stops and targets
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PriceActionAnalyses Moneymovesonly7
@Moneymovesonly7 same as entry
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PriceActionAnalyses Moneymovesonly7
I mean how I get in and out of a trade is based on the analysis I do on intraday @Moneymovesonly7 hope it makes sense
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Moneymovesonly7 Moneymovesonly7
Yh ,thank you new to trading still trying to figure out where to put my take profit and stop loss on this trade . I entered at 146.646 thinking to put it at 146.110 as there was resistance around there ish do you have any general tips please as I thought that this would be a wrong place to put it as on the week scale it looks like there’s more of a chance for profit .
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Moneymovesonly7 Moneymovesonly7
Lool sorry for the essay 😅
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PriceActionAnalyses Moneymovesonly7
@Moneymovesonly7 message me and send me a screenshot of your chart
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