Hello Traders,
Here you go for the GBPJPY analyst as price move within the descending channel and currently price was respecting the major resistance on the trend line. Therefore before we place the trade, please wait for the buyer to come in by the impulsive movement and retest the fibo retracement at 61. Please kindly see the confirmation until the price was confirmed at the next lower high area at the zones
Please Mind your core principles of your trading confluences before taking the price in order to take this idea to trade with proper risk management.
Disclaimer
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Cheers,
Ochin_FX
Here you go for the GBPJPY analyst as price move within the descending channel and currently price was respecting the major resistance on the trend line. Therefore before we place the trade, please wait for the buyer to come in by the impulsive movement and retest the fibo retracement at 61. Please kindly see the confirmation until the price was confirmed at the next lower high area at the zones
Please Mind your core principles of your trading confluences before taking the price in order to take this idea to trade with proper risk management.
Disclaimer
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.
Cheers,
Ochin_FX
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.
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.