GBPJPY - Last 2018 trade (probably!)
Hi guys,
this is my last idea for this year. I hope it'll bring you some insights. First of all, the yellow box is representing a good structure level in the daily and weekly charts, that is the basis for each and every trade i place. After that, you can see the D point of a Gartley formation (though it's not valid at the moment) right near this spot. Alongside, a double bottom on the hourly chart with divergence on the RSI both on the hourly and on the 4h charts. The last candle is telling me that we could see a rally off of this level.
The red line is my stop, the green lines are my targets.
I also wanted to wish you all nice holidays with your family and a happy new year.
If you have any idea/comment, feel free to write beneath.
Otherwise, see you in 2019!
this is my last idea for this year. I hope it'll bring you some insights. First of all, the yellow box is representing a good structure level in the daily and weekly charts, that is the basis for each and every trade i place. After that, you can see the D point of a Gartley formation (though it's not valid at the moment) right near this spot. Alongside, a double bottom on the hourly chart with divergence on the RSI both on the hourly and on the 4h charts. The last candle is telling me that we could see a rally off of this level.
The red line is my stop, the green lines are my targets.
I also wanted to wish you all nice holidays with your family and a happy new year.
If you have any idea/comment, feel free to write beneath.
Otherwise, see you in 2019!
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