GBPJPY Long Term Swing | Trading Zones
Hey Traders,
After UK Data today you have seen a further rise in GBPJPY. The momentum comes as people swap to a GBP bias over JPY.
This poses the question; how to manage it and where to potentially short it. It is very important in many cases, especially on YENS that you do not rush in.
You can get burnt and burnt badly on significant long term rallies.
Watch For More.
After UK Data today you have seen a further rise in GBPJPY. The momentum comes as people swap to a GBP bias over JPY.
This poses the question; how to manage it and where to potentially short it. It is very important in many cases, especially on YENS that you do not rush in.
You can get burnt and burnt badly on significant long term rallies.
Watch For More.
Note
Light shorts, main bias higher.Note
Continued into today. Never rush in.Note
Still not in after impulse. awaiting longer term high beat / move.Note
Keeping tight note on BOJ later.Note
Re shorting pushes back to repeated resistance (new found trend forming)Note
Maintaining bias ^Note
Further Re shorts (light higher)Note
Exit re shorts for gains.
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bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.