GBPJPY Long opportunity. Swing setup
Updated
if you think my idea is wrong please comment thanks.
So In summary here's why im looking to buy this pair:
1. Its been in a downtrend but now consolidating at an area of support
2. it formed a really good Double button
3. Bullish rsi divergence is present
4. its at a strong level of support
5. it broke and retested a strong trendline .
6. Its completing a clear market maker move MAAW-WVVM( for those that understand it)
So In summary here's why im looking to buy this pair:
1. Its been in a downtrend but now consolidating at an area of support
2. it formed a really good Double button
3. Bullish rsi divergence is present
4. its at a strong level of support
5. it broke and retested a strong trendline .
6. Its completing a clear market maker move MAAW-WVVM( for those that understand it)
Note
move stops to break even and close half of the position if you wantTrade closed: target reached
TP TP TP
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.