GBPJPY: completion of a bullish trend
During three months of strong growth (November-January) the price reached the main price levels of the chart: 137.57, 141.770, 143.415.
Each of these levels is formed by means of price extremes for 2019. The price will continue to rise and reach the last significant level (4-touch low) 144.415. And after that, growth will end. The price will go down to the previous level - 143.415 - during the correction.
Remember, there is no place for luck in trading - only strategy!
Thanks for your likes and comments.
Each of these levels is formed by means of price extremes for 2019. The price will continue to rise and reach the last significant level (4-touch low) 144.415. And after that, growth will end. The price will go down to the previous level - 143.415 - during the correction.
Remember, there is no place for luck in trading - only strategy!
Thanks for your likes and comments.
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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.