GBPJPY possible short to yearly low
Updated
Scenario #1
After price break the key level support,
we will wait for a retest (where support now possible become a resistance)
and wait for a confirmation to short
with target to the lowest yearly level.
Scenario #2
If price move back up,
key level support is still intact and valid..
might entering a consolidation or sideway phase
before any breakout..
if breakout happened, always wait for a confirmation before open position...
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FX ID Group
fxidgroup.com
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Email: info@fxidgroup.com
After price break the key level support,
we will wait for a retest (where support now possible become a resistance)
and wait for a confirmation to short
with target to the lowest yearly level.
Scenario #2
If price move back up,
key level support is still intact and valid..
might entering a consolidation or sideway phase
before any breakout..
if breakout happened, always wait for a confirmation before open position...
Please add a comment... Positive feedback and constructive criticism...
Subscribe, follow, and like...
Thank you for your support.
FX ID Group
fxidgroup.com
telegram.me/fxidgroup
Email: info@fxidgroup.com
Note
GBP no retrace o_oLOL
Have you ever heard a quote...
"A trading setup is like a train, there's always another one coming."
Note
possible sell on any ralliesTrade active
enter small positions :)Note
Sell zoneNote
Re-enter another short positionNote
testing key level resistance, possible adding another short
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