GBPJPY has exhibited a bullish trend over an extended period, with a discernible shift in direction noted in the 4-hour time frame.
Consequently, we anticipate a bearish correction, potentially targeting the elimination of 2-hour liquidity. This presents a prospective trading opportunity. It is crucial to note that trading involves inherent risks; therefore, investing only what one can afford to lose is advisable.
Consequently, we anticipate a bearish correction, potentially targeting the elimination of 2-hour liquidity. This presents a prospective trading opportunity. It is crucial to note that trading involves inherent risks; therefore, investing only what one can afford to lose is advisable.
Trade closed: stop reached
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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.