GBPJPY: the bear will change the bull
The price has shown good growth in an uptrend that started in January this year. Recently (after touching the 144.6 trend border) the price moved within the resistance line. After such a long growth, we should expect a fall. Most likely in the near future the price will drop to the resistance of 146.6.
SL - 148.9
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SL - 148.9
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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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.