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Price Action Trading

Hash1

New Member
one of the best pattern to trade. GBP/JPY 1hr chart sell @ 139.91 with 10pips sl. Closed 50% @ 139.66. closing @139.49.
1598374997189.png
 

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Can you share or explain your analysis before you took the trade?

As you can see price rejection on for occasions so took this trade its going to reject again at the key points. if it went against me would have lost 10pips. My friend there are no profitable strategy then price action.
 
As you can see price rejection on for occasions so took this trade its going to reject again at the key points. if it went against me would have lost 10pips. My friend there are no profitable strategy then price action.
Would you say it's similar setup currently on NZDJPY daily timeframe? (At this current period in time)
 

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