GBPJPY above support area, could be a Buy
GBPJPY has bounced from the Support Area once again. Price is also trading firmly above the 100D EMA which indicates uptrend is still intact.
So buyers, who bought from the lows can hold their buys.
Sellers, on the other hand, need to wait for the price to break the support area before executing any sell orders.
In my opinion, Buy trades are still valid as long as price is above the support area
So buyers, who bought from the lows can hold their buys.
Sellers, on the other hand, need to wait for the price to break the support area before executing any sell orders.
In my opinion, Buy trades are still valid as long as price is above the support area
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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.