GBPJPY - TAKE ANOTHER SELL BELOW @152
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So far, on this position, my TP1 is hit. I want to share it here because I can see it has another +100pips to offer
downside if we position well for it.
BULLISH CRAB PATTERN
As you can see, this is on a smaller time frame of 15mins and it is playing out well. I'm impressed it did! So, any
retracement back to @152 or a little above, as a psychological level, sellers should troop in and make it a strong
resistance, since it was a support that got broken downside.
Expect that much of move downside close to @151 price level, if the rejection occurs when and where anticipated.
Remember, nothing is fixed or absolute in this market. So, stay safe
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.
So far, on this position, my TP1 is hit. I want to share it here because I can see it has another +100pips to offer
downside if we position well for it.
BULLISH CRAB PATTERN
As you can see, this is on a smaller time frame of 15mins and it is playing out well. I'm impressed it did! So, any
retracement back to @152 or a little above, as a psychological level, sellers should troop in and make it a strong
resistance, since it was a support that got broken downside.
Expect that much of move downside close to @151 price level, if the rejection occurs when and where anticipated.
Remember, nothing is fixed or absolute in this market. So, stay safe
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.
Ordre annulé:
Kindly close this position please. Another setup is incoming!