I will buy at gbpjpy even though the price always seems to go up without any significant correction, and it looks overbought, but I prefer to buy follow the trend
TP : at area major Fibonacci retracement 1.24 and the secondary Fibonacci retracement 2.24 area
SL : when price below the Red and Yellow EMA, and there is no indication that price fight the ema line
TP : at area major Fibonacci retracement 1.24 and the secondary Fibonacci retracement 2.24 area
SL : when price below the Red and Yellow EMA, and there is no indication that price fight the ema line
Trade closed: stop reached
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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.