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Priceactiontrader

GBPJPY: Important Decision Ahead 🇬🇧🇯🇵 GBPJPY is currently consolidating on a key horizontal resistance. I see a tiny horizontal range on a 4H time frame. It feels like the price may drop from that structure. Our confirmation will be a breakout of the support of the range. 4H candle close below 188.24 will be your bearish signal. A bearish continuation will be anticipated then at least to 187.75. Alternatively, remember that a bullish breakout of the underlined blue resistance can be a strong bullish signal. ❤️Please, support my work with like, thank you!❤️
Short
by VasilyTrader
2
GBPCAD: Your Trading Plan Explained 🇬🇧🇨🇦 GBPCAD is testing a solid rising trend line on a daily. Probabilities are high that we will see a bullish reaction to that. Your bullish confirmation will be a bullish breakout of a neckline of a horizontal range on an hourly time frame. Hourly candle close above 1.7105 will confirm a violation. A bullish continuation will be anticipated to 1.713. If the price sets a new lower low lower close, a setup will become invalid. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
5