ProFX_Strategist

GBPJPY - Pullback Trade

Long
FX:GBPJPY   Livre sterling / Yen japonais
2
High probability pullback to some upside.

The bright-green EMA has drifted very far away from the bright-red EMA; as such, the green may like to drift closer to the red once again (taking price upwards)... If it should continue to a crossover, then the price action can become very bullish...

The MACD has crossed-over (preparing to go to some upsides from here).

Whether or not the price will make another down-move later on (dark gray arrow) is uncertain; but just be prepared that it might happen...

Just see the chart...

Best regards.
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.