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Wkly

2510 Wkly Outlook GBPJPY support up again from wkly supportHello traders, GBPJPY did make some small range pullback last week. But it found support again. This time, it could make a double test of gold dash resistance zone first. And new plan for breakingout or correction would really depend on the price action hitting that dash line. We would expect no selling plan before any strong double top pattern. 160 WOULD HAPPEN AFTER BREAKING OUT DASH GOLD LINE. Good luck on sideways price action first. LESS IS MORE!
Long
by FUNTRADER-Vera
BSVUSD - Important Weekly chart))Yesterday, I posted a DAILY analysis. Today, looking at the WEEKLY chart BSV bulls are weak right now. Prolly many people placing puts and limit orders all over the place. I think it is going to go down about 30-50$ . A big possibility that the new weekly candle will be a bearish one . Please do not close your trades . Look to manage your position. I personally removed 25% of my trade from. In case it goes lower I can place that 25% back in. If it goes higher well I still have 75% left. I won’t stress of missing out. Then when the price returned in can get back in. Reducing my risk exposure. I think having a trade and money management system allows me to trade with less stress, and base my decisions on probability.
BShort
by JacobTrader100
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