GBPJPY LONG
Updated
4 Hour Chart
- Every time price has made a lower low, it has retraced to the trend line and sometimes broke it.
- Sell signal very soon, so risking small percentage (0.5%) for buy.
30 Minute Chart
- Price had pressure on consolidation box and broke through
- Price retesting top of consolidation and trend line
Confidence
80%
The 20% goes to the fact that in larger time frames my entries for sells are near where price is at.
- Every time price has made a lower low, it has retraced to the trend line and sometimes broke it.
- Sell signal very soon, so risking small percentage (0.5%) for buy.
30 Minute Chart
- Price had pressure on consolidation box and broke through
- Price retesting top of consolidation and trend line
Confidence
80%
The 20% goes to the fact that in larger time frames my entries for sells are near where price is at.
Comment
Confidence down to 60% Due to the triple top, risk down to 0.1% - 0.25% of my account, if entering.
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