#GBPJPY
The price kicks back after the breakdown of the ascending channel back to the previously broken border. Since the uptrend was replaced by a local falling one, I am waiting for the price to fix below the level, followed by a fall. My goal is to support 163.07
The price kicks back after the breakdown of the ascending channel back to the previously broken border. Since the uptrend was replaced by a local falling one, I am waiting for the price to fix below the level, followed by a fall. My goal is to support 163.07
Trade closed manually
The price went beyond the resistance and it is testing a higher resistance level. The chance of the price collapsing to lower support levels remains highTrade active
Boom! I placed a 2 mines at 167.617, price will be continuing on a bearing trend. My target is still the same.
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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.