Paun British / Yen JepunSingkat
GBPJPY BEARS TO TAKE OVER
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
GBPJPY BEARISH REVERSAL FORMED. đź“š
👉As we can see price got stuck inside this big rangy market, Moreover, price is sitting around our upper bound of this range which can be acting as a resistance zone,
👉Meanwhile, we will be looking for new bearish movements, but we need some confirmation, for the bears to kick in we need a break below the marked major swing low, by a momentum candle close,then a movement lower would be expected.
👉And as usual 1-2 risk to reward ratio from a risk management perspective.
👉Unless price managed to trade again higher to be breaking above our major swing high and upper bound of this range, then a movement higher would be expected. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
GBPJPY BEARISH REVERSAL FORMED. đź“š
👉As we can see price got stuck inside this big rangy market, Moreover, price is sitting around our upper bound of this range which can be acting as a resistance zone,
👉Meanwhile, we will be looking for new bearish movements, but we need some confirmation, for the bears to kick in we need a break below the marked major swing low, by a momentum candle close,then a movement lower would be expected.
👉And as usual 1-2 risk to reward ratio from a risk management perspective.
👉Unless price managed to trade again higher to be breaking above our major swing high and upper bound of this range, then a movement higher would be expected. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
Penafian
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