GBPJPY 4hr support looking strong here
GBPJPY holding to the 4hr support pretty strong as the demand zone looks clearly established with risk being small for a short term lucrative long.
Levels on chart.
Levels on chart.
Note
Support zone + Current range. Break above this range will be a clear Bull signNote
Nice bull action with Bull Divergence on Price Volume Trend Oscillator on 4hrNote
Sold most at resistance on LTF with a view to re-enter trade at the break up above resistance.Trade closed: stop reached
Didn't pan out as expected. stopped at just above entry with some profits taken above 136.2.
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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.