GBPJPY - Continue to rise? or beginning of the fall?
Updated
26/06/2023 - 1 Hour TF
GBPJPY has been in a Bullish trend for quite a signifcant amount of time consitenly making Higher Highs as well as Lower Lows. Supported on the Weekly, Monthly, Daily & Hourly timeframes.
Despite recent Bearish breaks we are looking for potential buys as we kick of the trading week.
Recent news articles also points to a potential Bullish run. Raising interest rates also supports the idea of a longer
Looking to enter a trade after price has broken below area of support, & it has come back to close above zone a 1:1 or higher win rate ratio.
DISCLAIMER: All trades are just my own ideas and should not be taken as a signal. Follow me for more ideas.
Happy Trading!
Supreme Trading Society
GBPJPY has been in a Bullish trend for quite a signifcant amount of time consitenly making Higher Highs as well as Lower Lows. Supported on the Weekly, Monthly, Daily & Hourly timeframes.
Despite recent Bearish breaks we are looking for potential buys as we kick of the trading week.
Recent news articles also points to a potential Bullish run. Raising interest rates also supports the idea of a longer
Looking to enter a trade after price has broken below area of support, & it has come back to close above zone a 1:1 or higher win rate ratio.
DISCLAIMER: All trades are just my own ideas and should not be taken as a signal. Follow me for more ideas.
Happy Trading!
Supreme Trading Society
Trade closed: target reached
Take Profit 3 has been reached. No more trades entered for today!
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