GBPJPY Parabolic Sars and MACD | 9th April
Updated
Hey guys, I have a long trade on GBPJPY based on my fundamental bias, fib ratios, trendline, Parabolic SARS and MACD. Currently I am waiting for a pullback to my entry and let's have patience!
If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too. We have a daily Mandarin session as well, so for those who find Mandarin easier, you can also watch the Mandarin video. Thanks.
If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too. We have a daily Mandarin session as well, so for those who find Mandarin easier, you can also watch the Mandarin video. Thanks.
Note
Here's my summary for the trade: GBPJPY is very bullish today after the manufacturing production number came upbeat. But Parabolic Sars and MACD are showing potential downward retracement. Thats why we are expecting a retracement to the 50% fib retracement level which intersects with the trendline.Entry: 134.54
Take Profit: 135.37
SL: 134.36
Hope this helps !
Trade active
hey guys, price pulled back to hit our entry, now the trade is still valid. Let's have more patience.Trade closed: target reached
hey target reached for GBPJPY, hope you guys enjoyed the trade
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