GBPJPY potential ABCD pattern
Updated
NOT FINANCIAL ADVICE
GBPJPY trade idea I will be shorting the market in this area if we come to this price everything is in the chart from my entry point to my exit and profit this trade idea was found using fins levels with moving averages and bollinger band indicators I have setup if these levels are respected and volume is correct I will take the trade with rejection from 50ma and midway bollinger band trade at your own risk cheers
GBPJPY trade idea I will be shorting the market in this area if we come to this price everything is in the chart from my entry point to my exit and profit this trade idea was found using fins levels with moving averages and bollinger band indicators I have setup if these levels are respected and volume is correct I will take the trade with rejection from 50ma and midway bollinger band trade at your own risk cheers
Note
UPDATE our entry has been triggered, would like to see price stay below the 50ma on the 4hour convergence on the 2 hour and 1 hour loook pretty good as of now i will update as prices moves
Note
UPDATE Price has pushed up to the .618 retrace level from point A to B we came down this morning to around 170 points at 161.149 area price should be retracing overall trade looks great will be back later for another update
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