GBPJPY Breakout + retest Trade
GBPJPY on Daily Chart is on very low location
Now 1h chart it has break the structure.
so wait for the pull back and enter
is a good idea.
GBPJPY on Daily Chart is on very low location
Now 1h chart it has break the structure.
so wait for the pull back and enter
is a good idea.
To lean Jack's Full Trading System:
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http://www.harmonicasia.com/index/course.html
Youtube:
https://www.youtube.com/playlist?list=PLN0GYK-_EO5Z3Xzp6Sk1bmfzckpkJ5NCx
FB: https://www.facebook.com/groups/projacksg/
Weechat ID: 32114564
Calamity
Hi, Jack. there's an engulfing bar 9.27 9pm, its not really large though. can we buy now ?
Balas
Trendhopper
I think it will print a bottom today.....but I don't think price will go to the moon as GBP sentiment has weakened a lot over the last week when BOE signalled the may drop interest rates again, if you look at GBPAUD you will see its going to print a lower right shoulder and probably retrace @ .786 fib....these 2 indicators tell me GBP is bearish medium/long term so conservative TP on this buying trade for me.....not as high as previous high...
Balas
janne0536
its doing bottom formation
Balas
fuqua
seems like the pullback will be deeper then anticipated, setup still valid jack ?
Balas
pringlestop
fuqua
sooooo deeeeep...why he not using stop lose if he is accurate
+2
Balas
Di Zhong
THX
Balas
arshadd
Jack, the Great
Balas
Batman-oz
Enjoying the ride, thanks Jack
Balas
happyluckydog
thanks Jack.
Balas
IAmAgainst
I'm a complete noob at fundamentals, does anyone know what happened with the boj news this week? They kept the rates, is that good or bad for the yen?
Balas