GBPJPY 5M Trade opportunity

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Ali
Expert Trader
Posts: 4
Joined: Mon Nov 27, 2023 1:30 pm

GBPJPY 5M Trade opportunity

Post by Ali »

On GBPJPY, price has made a broadening wedge pattern and the current market trend is also bearish on 5 minute timeframe.
Confluences that i took in this trade
  • Bearish trend
    Bearish broadening wedge formation
    Breakout
Now after this i have also highlighted a key level to fix the take profit level.
Analyse the images below
Attachments
trend.png
trend.png (67.58 KiB) Viewed 4077 times
pattern.png
pattern.png (80.04 KiB) Viewed 4077 times
entry.png
entry.png (78.29 KiB) Viewed 4077 times
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Ali
Expert Trader
Posts: 4
Joined: Mon Nov 27, 2023 1:30 pm

Re: GBPJPY 5M Trade opportunity

Post by Ali »

Trade Fulfilled 8-)
Attachments
trade fullfilled.png
trade fullfilled.png (81.7 KiB) Viewed 4070 times
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