Hi everyone:
A good sell setup is forming on the GBPJPY.
WE can see the 4 hr chart has hit the resistance of 150.00, a bearish flag has formed to push the price action down.
Now, the price is consolidating above the trendline, another bearish flag forming and enter short would be a nice risk:reward trade down to recent lows.
On the higher time frame, daily chart has pulled back to form a lower high, and reject the daily 50 EMA. We can see more bearish momentum to the down side.
Thank you
A good sell setup is forming on the GBPJPY.
WE can see the 4 hr chart has hit the resistance of 150.00, a bearish flag has formed to push the price action down.
Now, the price is consolidating above the trendline, another bearish flag forming and enter short would be a nice risk:reward trade down to recent lows.
On the higher time frame, daily chart has pulled back to form a lower high, and reject the daily 50 EMA. We can see more bearish momentum to the down side.
Thank you
코멘트:
Daily time frame
I will NEVER message you to Sell Anything/Service For $.
100% Free Educational Trading Content.
NO Telegram, Discord, Whatsapp & Facebook.
Be Careful of Scammers, Impersonators/Fakers of ME on Those Platforms.
100% Free Educational Trading Content.
NO Telegram, Discord, Whatsapp & Facebook.
Be Careful of Scammers, Impersonators/Fakers of ME on Those Platforms.