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GBPYJPY is presenting upcoming bullish set up , expecting retrace not 143.00 or so, going to keep a close eye on my heikenashi candle sticks once price does come down to this area, once momentum has died down I will pull the trigger on this set up, TP are marked with yellow writing, you can scale out of your trade according to your risk tolerance or trading style...
I have been trading the bullish pullback on gold and believe that 1525.00 was my last stop for the bulls.Have sell orders from few days ago, waited for price to top out at 1525... now that this was spotted as my high I drew my fib from my high at 1525.00 to my low at 1516 got entries in at 1524.25 just above my 88.6 retrace... looking for price to break bellow...
I have been trading the bullish pullback on gold and believe that 1525.00 was my last stop for the bulls.Have sell orders from few days ago, waited for price to top out at 1525... now that this was spotted as my high I drew my fib from my high at 1525.00 to my low at 1516 got entries in at 1524.25 just above my 88.6 retrace... looking for price to break bellow...
