#100 / Sep 2, 08:20 UTC
GBPJPY
SELLTrend Pullback
65% historical hit rate with 0.52R average expectancy across the scanner lookback. This is context, not a guarantee.
Both 1-hour and 15-minute timeframes exhibit bearish structural alignment with negative trend slopes and moving averages overhead.
Price has retraced into the 15-minute 20 SMA region with RSI cooling off to 41.18, offering an entry alignment at 215.86.
The setup is invalidated if price breaks above 216.07, breaching dynamic resistance and altering local market structure.
Risking 21 pips to capture 32.1 pips yields a risk-to-reward ratio of 1.53, adhering to minimum threshold requirements. Consider protecting capital by shifting stop loss toward breakeven once price approaches the lower boundary of the recent 15-minute consolidation range.
- Multi-timeframe trend alignment across 1H and 15M charts
- Pullback reaching dynamic 15M 20 SMA resistance at 215.87
- 15M RSI reset to neutral territory allowing room for downward movement
- price has already moved beyond the entry zone before execution
- spread widens or a high-impact event is imminent
- price closes above the pullback structure