The808Trader

More Yen Strength? - GBP/JPY Ichimoku Short Trade

Kort
FX:GBPJPY   Brittiska pund/Japanska yen
The yen has been gaining a bit with money flooding the typical safe havens during the end of the year and most likely with the help of the recent headlines.

I am looking for a push back up and another rejection around the yellow zone I've drawn at a major support and resistance level.

If we can get a good rejection there we should fall back down to our previous major price structure support I've laid out as my major target.

I've also drawn out a few partial take profit levels on our way.

If we fail to maintain o our bearish confirmations and trend, then this setup may become invalidated.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.