GBPJPY sell trade idea 02 11 2021
SELL GBPJPY 155.16
SL: 155.46
TP1: 154.96
TP2: 154.76
TP3: 154.56
Signal Analysis by LCMS Traders
Currency Pair: GBPJPY
SELL GBPJPY 155.16
Timeframe: H1
Step 1 - Previous News: GBP: -, JPY: -
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: GBP: -, JPY: Bank Holiday tomorrow
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