British Pound / Japanese YenUpdated GJ-Thu-12/06/25 TDA-Bearish structure building up, will go down?
Analysis done directly on the chart
Follow for more, possible live trades update!
If 195.000 support zone breaks, we can definitely
see GJ pushing lower and continue its bearish
momentum especially after GBP GDP worst than
expected which is bearish for GBP.
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
Follow for more, possible live trades update!
If 195.000 support zone breaks, we can definitely
see GJ pushing lower and continue its bearish
momentum especially after GBP GDP worst than
expected which is bearish for GBP.
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
Trade active
Entry reason: strong bearish momentum + gbp GDP lower than expected
sl above 5m structure
tp possibly next daily support 194.570 area
risk medium type
managing the trade now, if bearish volume starts to
fade away I might close half near entry based on 1m structure now
Trade closed: stop reached
So I half closed the trade once 1m structure broken,
and other half took a loss on this.
I take losses as well, there are no strategies that
guarantee 100% win rate.
Today, good thing I managed well my trade
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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.
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.