This chart shows a GBP/JPY (British Pound / Japanese Yen) trade setup on the 30-minute timeframe.
Trade Setup Type:
🔻 Sell (Short) Setup
Chart Analysis:
Entry Zone:
Between approximately 195.97 – 196.11, where the price is expected to enter before dropping. This zone is marked.
Stop Loss (SL):
Above the entry zone at 197.010 – if price goes above this level, the trade is considered invalid.
Take Profit (TP) Levels:
🎯 Target 1: 195.075
🎯 Target 2: 193.931
🎯 Final Target: 192.996
Market Context:
Price is currently near the entry zone and showing signs of rejection.
If the price respects resistance at the entry zone, it may move downward to hit the profit targets.
Trade Setup Type:
🔻 Sell (Short) Setup
Chart Analysis:
Entry Zone:
Between approximately 195.97 – 196.11, where the price is expected to enter before dropping. This zone is marked.
Stop Loss (SL):
Above the entry zone at 197.010 – if price goes above this level, the trade is considered invalid.
Take Profit (TP) Levels:
🎯 Target 1: 195.075
🎯 Target 2: 193.931
🎯 Final Target: 192.996
Market Context:
Price is currently near the entry zone and showing signs of rejection.
If the price respects resistance at the entry zone, it may move downward to hit the profit targets.
Trading isn’t just numbers — it’s a mindset.📊 Stay patient, trust your analysis, and let the market speak.📈 Every candle tells a story, so read it wisely and ride the wave. join now for daily trade setups.
t.me/+jNlT-eN1zIs1YTc0
t.me/+jNlT-eN1zIs1YTc0
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.
Trading isn’t just numbers — it’s a mindset.📊 Stay patient, trust your analysis, and let the market speak.📈 Every candle tells a story, so read it wisely and ride the wave. join now for daily trade setups.
t.me/+jNlT-eN1zIs1YTc0
t.me/+jNlT-eN1zIs1YTc0
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.