GBPJPY
Updated
Will be waiting for a retest.
PLAN:
We have already broken and closed below support zone
Wait for retest
Wait for confirmation on the 30min that price wants to continue moving down so wait for like a dojo or bearish engulfing candle.
Upon confirmation take a sell with a 15-20pip stoploss.
We do have some traffic on our way down so if i take a trade i will be moving stops into profit around 15-20pips deep or keep stops at break even. Haven’t been posting much analysis as I’m still waiting for results on previous analysis.
PLAN:
We have already broken and closed below support zone
Wait for retest
Wait for confirmation on the 30min that price wants to continue moving down so wait for like a dojo or bearish engulfing candle.
Upon confirmation take a sell with a 15-20pip stoploss.
We do have some traffic on our way down so if i take a trade i will be moving stops into profit around 15-20pips deep or keep stops at break even. Haven’t been posting much analysis as I’m still waiting for results on previous analysis.
Note
Analysis is still activeNote
added to spreadsheet.
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