GBP/JPY Long Position analysis
GBPJPY
- 1st On the monthly timeframe a very strong bullish engulfing candle will take us to the major resistance level 155.00 for a long term investment.
- 2nd The weekly timeframe has formed a falling wedge pattern which will take the price up after closing above 55MA.
- the 55MA will be acting as the STOPLOSS and 200MA will be the TAKEPROFIT.
- 14RSI is in bullish trend to target the 66.55 RSI resistance level.
PS. Fundamental wise The signal might be effected due to Britain lock down.
TRADE SAFE & USE PROPER RISK MANAGEMENT !!!
- 1st On the monthly timeframe a very strong bullish engulfing candle will take us to the major resistance level 155.00 for a long term investment.
- 2nd The weekly timeframe has formed a falling wedge pattern which will take the price up after closing above 55MA.
- the 55MA will be acting as the STOPLOSS and 200MA will be the TAKEPROFIT.
- 14RSI is in bullish trend to target the 66.55 RSI resistance level.
PS. Fundamental wise The signal might be effected due to Britain lock down.
TRADE SAFE & USE PROPER RISK MANAGEMENT !!!
Trade fermée: cible de profit atteinte
+397 Pips ProfitCongrats.
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.
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.