GBPJPY is trading in a bearish parallel channel.
Current price suggest the activity is slow down near resistance. Two things can happen now!!
Trade plan 1:
Buy when it breaks and close above the channel
TP: 157.380
SL: 156.420
Trade plan 2:
Short when it test the trendline or resistance zone and close with bearish candle
TP: 155.600
SL 156.850
Current price suggest the activity is slow down near resistance. Two things can happen now!!
Trade plan 1:
Buy when it breaks and close above the channel
TP: 157.380
SL: 156.420
Trade plan 2:
Short when it test the trendline or resistance zone and close with bearish candle
TP: 155.600
SL 156.850
Trade closed: target reached
Trade plan 1 executed
Join Free Telegram Channel
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.
Join Free Telegram Channel
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.