GBP/JPY short by FlowTradeCo.
Welcome to Flowtradeco, I plan to provide Technical and Fundamental Analysis
for Forex pairs and Crypto-Currency Markets several times a week, Tap in!
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1 HOUR
Hit resistance around 137.14 currently bearish
i found this area by noticing the market failing to break higher multiple times on the smaller time frames*
4 HOUR
Bearish momentum starting to build after prices failed to make new highs.
notice the size of candles change*
DAILY
At old support which could now be resistance and a new psychological barrier , expecting more bearish pressure!
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Entry at 136.815
Target at 135.352 stay tuned.
Leave me a comment or like.
Have a great week everyone!
for Forex pairs and Crypto-Currency Markets several times a week, Tap in!
-
1 HOUR
Hit resistance around 137.14 currently bearish
i found this area by noticing the market failing to break higher multiple times on the smaller time frames*
4 HOUR
Bearish momentum starting to build after prices failed to make new highs.
notice the size of candles change*
DAILY
At old support which could now be resistance and a new psychological barrier , expecting more bearish pressure!
-
Entry at 136.815
Target at 135.352 stay tuned.
Leave me a comment or like.
Have a great week everyone!
Trade wurde manuell geschlossen:
Closed at 136.189 after market failed to break lower towards target