Hello Traders,
Here you go for the GBPJPY analyst as price has been break the major trendlines and impulse as bullish momentum, however the price still move inside the ranges. therefore at this moments i will wait the price to break the resistance and make the correction as liquidity price by confirming the support at 143.300. if it those are respecting and confirming with the bullish structure then the new impulse bullish momentum would be valid.
Mind your core principles of your trading confluences before taking the price in order to taken the trade with proper risk management.
Cheers,
Ochin_FX
Here you go for the GBPJPY analyst as price has been break the major trendlines and impulse as bullish momentum, however the price still move inside the ranges. therefore at this moments i will wait the price to break the resistance and make the correction as liquidity price by confirming the support at 143.300. if it those are respecting and confirming with the bullish structure then the new impulse bullish momentum would be valid.
Mind your core principles of your trading confluences before taking the price in order to taken the trade with proper risk management.
Cheers,
Ochin_FX
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.