GBPJPY Be ready for breakout
Hello traders, I hope you made a lot of jokes on April 1st..
I want to tell you my opinion on GBPJPY.
So, we can see the nice uptrend now, but the price is approaching resistence zone from 2017. The price bounced a few times in 2017-2018. It is a yellow box. But price can go higher and touch the red box. Its a second resistence zone from 2017 too. So, wait for breakout of an uptrend, wait for a retest and take a nice short trade. I wish you good luck. Do not forget on candlestick pattern confirmations, for example a shooting star, bearish engulfing etc.
I hope you like my opinion on GBPJPY , I will be very happy if you will leave a like or comment. Thanks.. Good luck.
You trade at your own risk. Good luck.
I want to tell you my opinion on GBPJPY.
So, we can see the nice uptrend now, but the price is approaching resistence zone from 2017. The price bounced a few times in 2017-2018. It is a yellow box. But price can go higher and touch the red box. Its a second resistence zone from 2017 too. So, wait for breakout of an uptrend, wait for a retest and take a nice short trade. I wish you good luck. Do not forget on candlestick pattern confirmations, for example a shooting star, bearish engulfing etc.
I hope you like my opinion on GBPJPY , I will be very happy if you will leave a like or comment. Thanks.. Good luck.
You trade at your own risk. Good luck.
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