I'm Looking for GBP/JPY to break my trendline and test support. My confirmation would be if it creates a HigherLower taking out the previous high if my terminology is correct taking out all the stop losses for people who thought the price would continue to buy. Once price does that I will wait for Buyers and Sellers to make a decision and buy up from support. Worst case scenario price will reach support and keep seeling I will then Get into a sell. If price doesn't break the trend it will restest and go for a long sell.
ALL FEEDBACK IS APPRECIATED. PLEASE COMMENT IDEAS & QUESTIONS/ ANSWERS :)
ALL FEEDBACK IS APPRECIATED. PLEASE COMMENT IDEAS & QUESTIONS/ ANSWERS :)
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.