Hello Traders!
As we look into GJ, we have a really strong bearish market this week. Thats why i only look for sells just like this one. We broke the strong support on the 4h candles were it did reject several times. After that we bring our confirmations towards us like the SMA Crossover, Fibonacci and the most important, Break and retest. This trade is based on price action movement on the higher timeframes and thats why our take profit is 120pips. 1:4 Risk Ratio.
As we look into GJ, we have a really strong bearish market this week. Thats why i only look for sells just like this one. We broke the strong support on the 4h candles were it did reject several times. After that we bring our confirmations towards us like the SMA Crossover, Fibonacci and the most important, Break and retest. This trade is based on price action movement on the higher timeframes and thats why our take profit is 120pips. 1:4 Risk Ratio.