GBPJPY Trade Plan
Bullish Indications:
1. Bullish Inside Bar
2. Major Support Zone @ 148.950 -149.300
3. Bullish AB=CD Reversal Pattern
Bearish Indications:
1. Lower Highs & High Lows
2. Bearish Trendline
3. No Oscillator Divergence
Baised: Long & Short
Suggested trade plans are:
Plan A: Short (till the support zone)
Sell Stop: 150.250
SL @ 151.150 (0.236 Fib)
TP: 149.150
Plan B: Long (above the support zone)
Buy Stop: 149.500
SL @ 148.500
TP1: 152.500 (0.382 Fib)
1. Bullish Inside Bar
2. Major Support Zone @ 148.950 -149.300
3. Bullish AB=CD Reversal Pattern
Bearish Indications:
1. Lower Highs & High Lows
2. Bearish Trendline
3. No Oscillator Divergence
Baised: Long & Short
Suggested trade plans are:
Plan A: Short (till the support zone)
Sell Stop: 150.250
SL @ 151.150 (0.236 Fib)
TP: 149.150
Plan B: Long (above the support zone)
Buy Stop: 149.500
SL @ 148.500
TP1: 152.500 (0.382 Fib)
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