GBPJPY has been down trend for sometimes!! it's time to go long!!
The pull back to 0.618 level around 158.301 which is very nice, now I see the break out of trend line.
However, I will wait for another pull back to make sure it's really ready to go up, in the mean time, the candle probably stands above 200MA which is another confirmation for me.
my first target would be 164.098 and then 169.895
The pull back to 0.618 level around 158.301 which is very nice, now I see the break out of trend line.
However, I will wait for another pull back to make sure it's really ready to go up, in the mean time, the candle probably stands above 200MA which is another confirmation for me.
my first target would be 164.098 and then 169.895
Trade active
Order was bought at 160.515 when the price above 200MANote
nice one touch 0.786 and pull back nowTrade closed manually
I closed the trade at 162.00Trade active
Pull back time has finished, Trade active once again at 158.696Note
Aim for higher high which is 164
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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.