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
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