Hello Traders, 🙋♂️🙋♂️🙋♂️
Here we have a
GBPJPY long trade idea. If you like this idea please show your support!
GBP
The British Pound has has a lot of pressure this week due to the lockdown restrictions the Prime Minister has announced. However there are still a low number of Omicron cases reported and the UK seems to have control which will push the value of the GBP up.
Why are we entering?
We are entering this trade as we are expecting a double bottom as the price is approaching a highly respected structure zone and is showing signs of resistance. We have a minor RISK trendline which is being respected. We are monitoring for a break of this for a safe entry
If you want to improve your trading, check out my other ideas! 📲
Please trade with caution and make sure you set your stop losses! Happy Trading 😁
Be sure to check out my other ideas below!
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Here we have a
The British Pound has has a lot of pressure this week due to the lockdown restrictions the Prime Minister has announced. However there are still a low number of Omicron cases reported and the UK seems to have control which will push the value of the GBP up.
Why are we entering?
We are entering this trade as we are expecting a double bottom as the price is approaching a highly respected structure zone and is showing signs of resistance. We have a minor RISK trendline which is being respected. We are monitoring for a break of this for a safe entry
If you want to improve your trading, check out my other ideas! 📲
Please trade with caution and make sure you set your stop losses! Happy Trading 😁
Be sure to check out my other ideas below!
⚜⚜⚜⚜⚜
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FREE Telegram: t.me/MMFX_FREE
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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.
Want more chart ups like this? Click the links below:
VIP Telegram: t.me/MMFX_VIPbot
FREE Telegram: t.me/MMFX_FREE
Instagram: instagram.com/mmfx__j/
VIP Telegram: t.me/MMFX_VIPbot
FREE Telegram: t.me/MMFX_FREE
Instagram: instagram.com/mmfx__j/
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.