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Gbpudsd

#AUDJPY- EXPECTING A CLEAN 500 PIPS!!Hey Everyone, We had couple of nice entries on AUDJPY though price have moved in same region for long period, expecting a a massive bearish impulse! -Wait for price to come at our area and then watch for a nice rejection using a smaller time frame" -If price dropped now without coming to our area then consider buying at 'INT LQ ZONE'. -We can at least target 200 pips out of this setup! LIKE AND FOLLOW!!! -Remember guys always use proper risk management, and one more thing we do not encourage any financial advice on buying and selling. -TRADE SAFE AND GOOD LUCK!
Short
by Setupsfx_
16
GBPUSD Multiple Support Levels, Possible Long Trade Set UpGBPUSD continues to trade in a triangle formation following a re-test of the confirmed rising trendline drawn for the 11th of December low. The trendline re-test coincides with the psychological support level at 1.30000 where we also have the 61.8% Fibonacci retracement of the rally from the 11th of December low to the March the 13th high. We are still below both the 10 and 50 day MA and we are posting a series of lower highs. It is possible we will see a breakout to the downside and it is imperative a stop loss order is placed to protect from this risk . Should we see a move below 1.29600 a short position could be considered. Long trade set up, risk to reward 3.7:1 Entry 1.30387 Stop 1.29600 Target 1.33300
Long
by Trend_Analyst