GBP JPY
We are in an uptrend, had an impulse, and waiting for a pullback at 168, so we have at least 4 confluences in this area( psychological price 168, fibb, trendline, support) that I'm willing to enter a trade. Maybe I will enter a second trade in a second AOI if the SL is hit. Let's see how the market will react and it will perhaps trigger our position.
Remember: Take some profits if the trade is going as planned and move your SL to entry.
Remember: Take some profits if the trade is going as planned and move your SL to entry.
Note
Be careful of the newsOrder cancelled
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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.