Alex.Singletary

3 Likely scenarios for GJ

Long
FX:GBPJPY   Livre sterling / Yen japonais
5
Based on the clones, if price were to hold here, we are going to see 1 of the two bounces highlighted. And obviously if there's a break below we will be in for some more downside in this pair. I took a small long position with a stop below the red line. IMO I see the smaller up move as a more plausible idea. Time to sit back, and then wait and see how it develops.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.