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  • Anotações - GBPJPY 1

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    José Paiva
    4 views5 pages
    This document summarizes a breakdown of the GBPJPY currency pair by TradingFxGroup. Key points include: 1) The price action was being analyzed on the 4-hour timeframe to see what was happening with resistance zones. 2) Two potential entry points were identified (1 and 2) with a break of structure and retest providing confirmation. 3) The trade reached its take profit target in 80 minutes with a risk:reward ratio of 4.28, resulting in a profit of +638 pips.

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    This document summarizes a breakdown of the GBPJPY currency pair by TradingFxGroup. Key points include: 1) The price action was being analyzed on the 4-hour timeframe to see what was happening with resistance zones. 2) Two potential entry points were identified (1 and 2) with a break of structure and retest providing confirmation. 3) The trade reached its take profit target in 80 minutes with a risk:reward ratio of 4.28, resulting in a profit of +638 pips.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    4 views5 pages

    Anotações - GBPJPY 1

    Uploaded by

    José Paiva
    This document summarizes a breakdown of the GBPJPY currency pair by TradingFxGroup. Key points include: 1) The price action was being analyzed on the 4-hour timeframe to see what was happening with resistance zones. 2) Two potential entry points were identified (1 and 2) with a break of structure and retest providing confirmation. 3) The trade reached its take profit target in 80 minutes with a risk:reward ratio of 4.28, resulting in a profit of +638 pips.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 5

    Breakdown GBPJPY

    Trade Performed by TradingFxGroup

    From 16/12/21
    ①

    At ① annexed to
    >
    the
    price just a

    Resistance Zone ( 4h TF) let's see what is

    let's
    happening ,
    zoom zoom in .
    ②

    >
    Price is mew
    often a
    big Imstutional

    candlestick ① , the price is move


    namgi.mg ②

    ,
    let's move wait
    for a Brook of structure
    ⑤

    Brook
    >
    We are male
    observing a
    of
    structure plus a retest at ① them a brook
    of
    the last ear at ②

    > ② Is an
    Entry
    > ⑤ Is another
    possibility where
    you
    can

    St
    put your
    ④ is that must attention
    you
    a zone
    pay
    .

    >
    ②

    >
    Price did reach TP im 80min with a 4,28 R :R

    and + 638 paints

    price took this tour①


    ,
    I them when the
    put
    my
    8L im
    profit .
    ②

    GBPJPY +638 points

    Trade Performed by TradingFxGroup

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