GBPJPY sell trade idea 08 10 2021
SELL GBPJPY 152.12
SL: 152.42
TP1: 151.92
TP2: 151.72
TP3: 151.52
Signal Analysis by LCMS Traders
Currency Pair: GBPJPY
SELL GBPJPY 152.12
Timeframe: H1
Step 1 - Previous News: GBP: -, JPY: -
Step 2 - Trend: Up, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast down, slow touch
- Stochastic: H4 heading out from over bought
- PSAR: near bearish
Step 5 - Upcoming News: GBP: -, JPY: -
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