British Pound / Japanese Yen
Short
Updated

GBPJPY - Short - 1hr setup on daily structure!

162
Forecasting quite a move on this and other yen pairs, due to an expectation of yen strength for the coming weeks.
The early bird gets a seat in first row, i.e. the best risk to reward ratio, if you keep the trade all the way to the end.
Levels on the chart,
trade with care.
Trade active
Trade in break even now.
Trade closed: target reached
Note
First target reached (1:6 risk to reward ratio!)

snapshot
Note
Trade (at least partially) still active
Note
Closing all positions manually now.

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.