GBPJPY > A Possible Trend Continuation Setup!!
Friends I hope you are feeling kind and generous today to give the idea the likes and comments it deserves.
Analysis on #GBPJPY
While I was doing my review I noticed the Yen getting weaker across the board, so I am looking for a chance to sell yen.
Looking at the chart here, you notice the market violated the resistance structure level, waiting for candle close and if the market closes above this level it will then turn to a support level that we can use to find a possible trend continuation setup targeting the next level of resistance.
if the breakout did not happen the idea is not valid just yet.
Thank you so much for your support.
Check today analysis below⠀
>>“ Only trade when the probabilities of the market going in your favor are greater than it going against you." TradingAxis
Analysis on #GBPJPY
While I was doing my review I noticed the Yen getting weaker across the board, so I am looking for a chance to sell yen.
Looking at the chart here, you notice the market violated the resistance structure level, waiting for candle close and if the market closes above this level it will then turn to a support level that we can use to find a possible trend continuation setup targeting the next level of resistance.
if the breakout did not happen the idea is not valid just yet.
Thank you so much for your support.
Check today analysis below⠀
>>“ Only trade when the probabilities of the market going in your favor are greater than it going against you." TradingAxis
