GBPJPY Long Opportunity couple of weeks move
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I expect the pair to retrace as show in the next few days. So I will look for short position this week.
If it starts well and the resistance of the triangle became a strong support (I will look on lower timeframes for reversal confirmation), then I will set up a Long position that can last for few days.
Depends on your style of trading, use proper techniques to choose your entry and exit points.
I always analyze on daily charts to predict the general mood of the market, but I trade lower timeframes.
Good Luck!!
If it starts well and the resistance of the triangle became a strong support (I will look on lower timeframes for reversal confirmation), then I will set up a Long position that can last for few days.
Depends on your style of trading, use proper techniques to choose your entry and exit points.
I always analyze on daily charts to predict the general mood of the market, but I trade lower timeframes.
Good Luck!!
Nota
so far so good.Dagangan ditutup: sasaran tercapai
It's time to look for a long setup. I will post on a separate idea.I would be careful though to take any long position with the GBP especially with all the economical and political news in the UK now.
Nevertheless, as a technical point of view, the pair has now reached a strong support, so let's keep an eye on it.
Dagangan aktif
going long nowDagangan ditutup: sasaran tercapai
still waiting for target 2
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