GBPJPY H4
Same concept as GBPAUD but over here we are waiting for a clear movement of the pair itself. The H4 previous candle printed a long upperwick/shadow, showing some strength of the bears. We COULD see a drop below to the TL and bounce from there then it starts to head up. Right now, to be safe, wait for the bounce of the TL or wait for a bullish candle to print then place an order. TP would be at the most touched S/R. In this case it is at the H4 Resistance at 142.130
If it ends up breaking the TL , we will be placing a sell on the pair.
Same concept as GBPAUD but over here we are waiting for a clear movement of the pair itself. The H4 previous candle printed a long upperwick/shadow, showing some strength of the bears. We COULD see a drop below to the TL and bounce from there then it starts to head up. Right now, to be safe, wait for the bounce of the TL or wait for a bullish candle to print then place an order. TP would be at the most touched S/R. In this case it is at the H4 Resistance at 142.130
If it ends up breaking the TL , we will be placing a sell on the pair.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.