STRUCTURE DEVELOPMENT / TRADING PLAN
This is my updated medium / long term forecast for GBPJPY.
TRADE1 : SELL 151.100 SL 153.050
TP1 146.500, IF BREAKS TRENDLINE TP2 136.300
TRADE2 : SELL 154.900 SL 157.700
TP1 136.300
if price will bounce back from lower trend line we should have also nice opportunity for buys and that woudl validate second sell trade. I will post update if buys setup develops on lower trend line.
TRADE1 : SELL 151.100 SL 153.050
TP1 146.500, IF BREAKS TRENDLINE TP2 136.300
TRADE2 : SELL 154.900 SL 157.700
TP1 136.300
if price will bounce back from lower trend line we should have also nice opportunity for buys and that woudl validate second sell trade. I will post update if buys setup develops on lower trend line.
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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.