GBPJPY Trade Plan
Bullish Indications:
1. Bullish Inside Bar
2. Major Support Zone @ 148.950 -149.300
3. Bullish AB=CD Reversal Pattern
Bearish Indications:
1. Lower Highs & High Lows
2. Bearish Trendline
3. No Oscillator Divergence
Baised: Long & Short
Suggested trade plans are:
Plan A: Short (till the support zone)
Sell Stop: 150.250
SL @ 151.150 (0.236 Fib)
TP: 149.150
Plan B: Long (above the support zone)
Buy Stop: 149.500
SL @ 148.500
TP1: 152.500 (0.382 Fib)
1. Bullish Inside Bar
2. Major Support Zone @ 148.950 -149.300
3. Bullish AB=CD Reversal Pattern
Bearish Indications:
1. Lower Highs & High Lows
2. Bearish Trendline
3. No Oscillator Divergence
Baised: Long & Short
Suggested trade plans are:
Plan A: Short (till the support zone)
Sell Stop: 150.250
SL @ 151.150 (0.236 Fib)
TP: 149.150
Plan B: Long (above the support zone)
Buy Stop: 149.500
SL @ 148.500
TP1: 152.500 (0.382 Fib)
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.
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.