Backtesting #021 (GBP/JPY)
-Marked out Zones of interest (alot of activity within these zones).
-All past timeframes indicate a downtrend.
-RSI is below the 30 percentile mark. Strong indication of a reversal.
Currently waiting for one of two things:
a) Goes down to the last support zone and bounces back from the floor. Yellow indicates entry.
b) PA goes back to previous support and bounces back. Yellow is entry point.
-All past timeframes indicate a downtrend.
-RSI is below the 30 percentile mark. Strong indication of a reversal.
Currently waiting for one of two things:
a) Goes down to the last support zone and bounces back from the floor. Yellow indicates entry.
b) PA goes back to previous support and bounces back. Yellow is entry point.
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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.