GBPJPY : New line
The price is a bit enthusiastic.
Price is not bouncing from the line yet as I would expect. Price is hugging the line instead.
The blue line is added to show the extension of the new 'top'.
Trade carefully.
ALWAYS WAIT FOR PRICE TO COME TO YOU - DO NOT GO AFTER IT.
The R/R looks good if we stick to the plan.
Good luck.
Price is not bouncing from the line yet as I would expect. Price is hugging the line instead.
The blue line is added to show the extension of the new 'top'.
Trade carefully.
ALWAYS WAIT FOR PRICE TO COME TO YOU - DO NOT GO AFTER IT.
The R/R looks good if we stick to the plan.
Good luck.
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