[ 
GBPJPY ] is approaching the key resistance zone at [191,360].
I'm watching closely for a valid reaction before considering any position.
*** If the level breaks and price retests it successfully, I may consider a counter-directional setup.
GBPJPY ] is approaching the key resistance zone at [191,360].I'm watching closely for a valid reaction before considering any position.
*** If the level breaks and price retests it successfully, I may consider a counter-directional setup.
Trade active
Trade closed: stop reached
In GBPJPY, our level broke and after a minor pullback, price moved against our analysis.Although in the private group, I had marked a lower level for the members,
we hit stop-loss on this setup.
Remember: Stop-loss is part of the trading game — it’s just the cost of participation.
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Related publications
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.