Hello Traders! I have just spotted this nice opportunity for GBPJPY. I am waiting for the pair to touch off my trendline with a closed 1hr bullish momentum candle and only then will I ride the pair to the next zone. An alternative entry would be to wait for the pair to break the current resistance zone and enter on the pullback on the 1hr/15m chart. If the trendline is broken I will enter a position to the downside.
Let's see how this plays out! Happy Trading - FOLLOW FOR MORE PIPS
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.
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.