StockSniperTrading

GBPJPY Short on 4HR Timeframe

Short
OANDA:GBPJPY   British Pound / Japanese Yen
With GBPJPY looking like its getting rejected at the top of the zone, we are thinking that it could be a nice short on the 4HR timeframe. we have given 3 TP's which if one of them hit you can take partial profits and let the rest ride. One tip is starting an initial runner at 0.01 and see if you're going in the right direction. This tactic allows you to be able to be wrong and not at a huge cost.

Thank you,

Stock Sniper Trading
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.