Hello traders, GBPJPY did make some small range pullback last week. But it found support again. This time, it could make a double test of gold dash resistance zone first. And new plan for breakingout or correction would really depend on the price action hitting that dash line. We would expect no selling plan before any strong double top pattern. 160 WOULD...
Hello traders, Sell with stop loss higher than 1.6700. This is a wkly bearish currency that run for wks. RISK LOWER THAN YOUR TOLERANCE: Suggested Risk <5% TARGET:1.635-1.640 Your Real Entry Position Will Make Different RR for Your Trade. Good luck! LESS IS MORE!
Yesterday, I posted a DAILY analysis. Today, looking at the WEEKLY chart BSV bulls are weak right now. Prolly many people placing puts and limit orders all over the place. I think it is going to go down about 30-50$ . A big possibility that the new weekly candle will be a bearish one . Please do not close your trades . Look to manage your position. I personally...