GBPJPY: the price got into the correction zone and reverses
After breaking through the resistance line in February this year, the price returned to the ascending channel and continued its growing movement and has existed since January 2021, so we will consider the detailed upcoming movements. The price is at the level of 150.43. It can be expected that from it it will fall to the channel border - support at 149.68, after which it will rise to the upper border of the channel - resistance at 152.11.
SL - 149.27.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SL - 149.27.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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