Probe Trade GBPJPY
Reason for Probe LONG trade
Pro
1) HA Daily confirmed.
2) Bottom of channel
strong support
3) Elliot Daily and weekly support upside turn
Elliot Daily #4 (up)
Elliot weekly #C(up)
Cons
4H Trendline Resistance (expect a bounce)
Observe the price reaction along the 4H trendline.
Market Execution @ 146.70 Probe Trade
Pro
1) HA Daily confirmed.
2) Bottom of channel
strong support
3) Elliot Daily and weekly support upside turn
Elliot Daily #4 (up)
Elliot weekly #C(up)
Cons
4H Trendline Resistance (expect a bounce)
Observe the price reaction along the 4H trendline.
Market Execution @ 146.70 Probe Trade
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.
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.