GBPJPY Long for the next 3 months
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Good day traders,
Our previous GBPJPY signal has reached our TP1, I saw a pullback on the daily timeframe non the less we are bullish for the long term. I will hold those long positions to this new TP price (point D).
New development: We see the recent rejection on our structure support suggests that we are going too complete a bearish Gartley harmonic pattern before we short the GBPJPY again. In our previous analysis we anticipated a breakout which in turn broke out of the trendline that has been respected for sometime now. I now anticipate the GBPJPY to remain bullish until point D.
Please share your thoughts in the comments below.
Disclaimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
Our previous GBPJPY signal has reached our TP1, I saw a pullback on the daily timeframe non the less we are bullish for the long term. I will hold those long positions to this new TP price (point D).
New development: We see the recent rejection on our structure support suggests that we are going too complete a bearish Gartley harmonic pattern before we short the GBPJPY again. In our previous analysis we anticipated a breakout which in turn broke out of the trendline that has been respected for sometime now. I now anticipate the GBPJPY to remain bullish until point D.
Please share your thoughts in the comments below.
Disclaimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
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