Paun British / Yen JepunPanjang
POTENTIAL LONG TRADE SET UP FOR GBPJPY
Analysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.
Entry: The price has reached the lower boundary of a higher time frame (HTF) bullish continuation structure, approaching this zone with a descending channel on the mid time frame (MTF) and a bullish expanding wedge (reversal pattern) on the lower time frame (LTF). On the LTF, a bullish impulse has formed, and we will monitor for a continuation pattern to identify a potential entry point for the trade.
Expectation: An upward move is anticipated, targeting the upper boundary of the HTF bullish continuation structure.
⚠️ Reminder: Always conduct your own analysis and apply proper risk management, as forex trading involves no guarantees. This is a high-risk activity, and past performance is not indicative of future results. Trade responsibly!
Entry: The price has reached the lower boundary of a higher time frame (HTF) bullish continuation structure, approaching this zone with a descending channel on the mid time frame (MTF) and a bullish expanding wedge (reversal pattern) on the lower time frame (LTF). On the LTF, a bullish impulse has formed, and we will monitor for a continuation pattern to identify a potential entry point for the trade.
Expectation: An upward move is anticipated, targeting the upper boundary of the HTF bullish continuation structure.
⚠️ Reminder: Always conduct your own analysis and apply proper risk management, as forex trading involves no guarantees. This is a high-risk activity, and past performance is not indicative of future results. Trade responsibly!
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.