GBPJPY
3 possible GJ moves in this zone.
1. This is a strong area that may result in a strong push to the downside breaking and retesting the trendline (Enter on BOS/ChoCh off trendline)
2. This zone can break to the upside and give a retest of the zone for a further push up. (Enter on retest)
3. We can see a rejection to the trendline for a push to the upside from there (Enter at trendline rejection)
In this zone, you need to watch price action and fundamentals. Breakouts and support/resistance is key at this level. Lets see what entry we can get.
1. This is a strong area that may result in a strong push to the downside breaking and retesting the trendline (Enter on BOS/ChoCh off trendline)
2. This zone can break to the upside and give a retest of the zone for a further push up. (Enter on retest)
3. We can see a rejection to the trendline for a push to the upside from there (Enter at trendline rejection)
In this zone, you need to watch price action and fundamentals. Breakouts and support/resistance is key at this level. Lets see what entry we can get.
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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.