1009 GBPJPY might test 139.80 again
Hello traders,
GJ did break the channel on daily chart, right?
But it also got support on S2 which is higher than our last expectation.
On weekly chart, GJ might run in two ways.
One is to finish 5th impulse leg without sidways.
The other is go sideways first before getting enough bull power to run to the greed dash line or green resistance.
Either way, you may find out opportunity to hunt 100+ pips.
Good luck on setting up ur trades.
LESS IS MORE!
GJ did break the channel on daily chart, right?
But it also got support on S2 which is higher than our last expectation.
On weekly chart, GJ might run in two ways.
One is to finish 5th impulse leg without sidways.
The other is go sideways first before getting enough bull power to run to the greed dash line or green resistance.
Either way, you may find out opportunity to hunt 100+ pips.
Good luck on setting up ur trades.
LESS IS MORE!
Will not be a good idea to long it now unless it giving a support signal a little be lower than S2.