BUYS BASED ON THE BULLISH TREND AND PREVIOUS HH CREATED WITHIN PRICE.
Solid rejecting from major level taking a 1:1 Expecting price to get to 60000.
- RALLY EXPECTED AFTER RETRACE INTO MAJOR ZONE. EXPECTED TARGET 1.31400
With Price Action over the last few months showing price pushing to the downside but with continuos rejections to the upside. Also noticing that with the current times at hand COVID news, results, deaths and investments into a vaccine have affecte dthe marketa great deal; in addition to the already Brexit. So with the economy taking a number of terms there are...
Currently looking at a Buy for GJ - GBPJPY seeing that is rejecting a previous support zone so watching for the close of the next candle stick on the 1HR - ONE HOUR chart. ESTIMATED PIP VALUE - +160 RR - 1:3
Coming from an oversold position to break the previous trend. Looking for price to get to previous support zone for more bullish movement.