Potential SHORT Trading Plan For GBPJPY
Hi there, what an interesting week for GBPJPY. Bullish momentum apparently has lost its steam and now bear is about to win the war.
As the price breaks the previous support, the bearish trend prevails. Trading Plan as follows:
i) SHORT at the price of 135.383 with take profit 1 at 132.997 and take profit 2 at 130.787
ii) LONG if the price reaches 137.519 with the take profit point at 139.495
Author:
S.I.D. Aizu
As the price breaks the previous support, the bearish trend prevails. Trading Plan as follows:
i) SHORT at the price of 135.383 with take profit 1 at 132.997 and take profit 2 at 130.787
ii) LONG if the price reaches 137.519 with the take profit point at 139.495
Author:
S.I.D. Aizu
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.