Morning everyone, hope you're all well. We have the asset GBPJPY already in a downwards trend. Over the course of Asia to the London open, we have seen a slow and steady rise in price. Right to the key level of 136.500.
From here there is enough liquidity for the larger players to go short.
Risk reward is the same on all my trades a simple 2:1
SELL limit ( 136.500 )
Take Profit ( +50 pips ) 136.000
Stop Loss ( -25 pips ) 136.750
Good luck
From here there is enough liquidity for the larger players to go short.
Risk reward is the same on all my trades a simple 2:1
SELL limit ( 136.500 )
Take Profit ( +50 pips ) 136.000
Stop Loss ( -25 pips ) 136.750
Good luck