2023 Jan 19 GBPJPY
Risk/Reward
4:1
Confluences
Macro
Weekly - Multiple candles rejected price zone 161.000 Psychological level/Weekly key level, this level also being the previous week high
Daily - Previous Daily candle heavily rejected the said weekly key level of 161.000, as well as closing below 159.500, A Daily key level.
4h - Market condition on this timeframe transitioned into a bearish condition market, creating new lower highs and lower lows, currently the market is retesting the recent structural lower lows during today's US session.
Micro
15m - Yesterdays US session used as entry zone
5m - Bearish rejection candle off of said US session zone used as entry point.
Remarks:
All trading rules followed as accordingly, no entry against a key level and not counter trend trading.
4:1
Confluences
Macro
Weekly - Multiple candles rejected price zone 161.000 Psychological level/Weekly key level, this level also being the previous week high
Daily - Previous Daily candle heavily rejected the said weekly key level of 161.000, as well as closing below 159.500, A Daily key level.
4h - Market condition on this timeframe transitioned into a bearish condition market, creating new lower highs and lower lows, currently the market is retesting the recent structural lower lows during today's US session.
Micro
15m - Yesterdays US session used as entry zone
5m - Bearish rejection candle off of said US session zone used as entry point.
Remarks:
All trading rules followed as accordingly, no entry against a key level and not counter trend trading.
עסקה סגורה: הגיע לסטופ
Overall this is a probability loss, unfortunately the market did not play out as intended. Risk as always, a very minimal loss.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.