I linked my last analysis to this post.
I believe price MAY wick up to trap traders at the previously broken support area before selling 133.964 area
If price breaks through 134.650 area close sell (SL area)
I will not personally enter again for another GBPJPY sell/short until I see rejection in this area 139.96 to 134.2 on the 4H chart
Remember ALWAYS use proper rick management. :)
I believe price MAY wick up to trap traders at the previously broken support area before selling 133.964 area
If price breaks through 134.650 area close sell (SL area)
I will not personally enter again for another GBPJPY sell/short until I see rejection in this area 139.96 to 134.2 on the 4H chart
Remember ALWAYS use proper rick management. :)
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Related publications
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.