GBPJPY
Currently GBPJPY has shown a slight touch of hesistation trying to reach the next resistance level. I feel as if this is a fake pullback and price will continue upwards. in my opinion it will use the news break to launch up past 248.8.
If price does not reach resistance level, we could be looking at a retrace to 156.6 then bounce up again for a double top using the news. will update this as we go and see if we can see a break in formation on lower timeframes to execute the trade in confirmation.
If price does not reach resistance level, we could be looking at a retrace to 156.6 then bounce up again for a double top using the news. will update this as we go and see if we can see a break in formation on lower timeframes to execute the trade in confirmation.
Note
DISCLAIMER! SOME OF THE TRADES WERE MADE USING REPLAYS AND DEMO ACCOUNTS. SOME TRADES IN PAST WERE PURELY BACKTESTING AND SEEING IF MY STRATEGY WORKS. THIS IS MY OPINION AND MAY NOT BE ACCEPTED BY ALL
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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.