GBPJPY range play
Updated
* Pair currently respects both top and bottom boundaries
* after stalling at the top, selling pressure is beginning
* My entry is slightly early at the neckline, but it allows me to have a slightly tighter stop
* after stalling at the top, selling pressure is beginning
* My entry is slightly early at the neckline, but it allows me to have a slightly tighter stop
Comment
* Stop loss can be moved lower just above the lower high
* If pair breaks above the lower high, we can be concerned about the end of this down trend
~FinancialGamblR, or at least that's what they call us retail traders
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