GBPJPY SHORT OUTLOOK
Quick Overall Idea.
A&B = Double Top
C = Most likely position that most retail traders took positions and the price had to go down to validate and come back to point B to stop them out. Most Technical analysts recommend taking positions when a trendline is broken and price bounces behind a trendline (Point C).
My outlook is taking SHORT after stops have been hit to 162.50.
A&B = Double Top
C = Most likely position that most retail traders took positions and the price had to go down to validate and come back to point B to stop them out. Most Technical analysts recommend taking positions when a trendline is broken and price bounces behind a trendline (Point C).
My outlook is taking SHORT after stops have been hit to 162.50.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.