Buying GBPJPY after the huge dip! 롱

British Pound/Japanese YenFXCM

설명

⋅ 2016년 4월 28일 오전 5시 5분

After completing a bullish W pattern GBPJPY dropped off the top level into what I think is a bay of support. You have the 38-61 Fibonacci Confluence here that I think will hold the pair up.

This is the first time I'm uploading a chart on Trading View hope it's worth it!

코멘트

⋅ 2016년 4월 28일 오후 4시 8분

I was definitely a bit early on this one. Need to start waiting for the actual turn in my desired direction or just scale into the position.
Nevertheless, it's off the lower and now the uptrend can continue.

코멘트

RajaRashid

⋅ 2016년 4월 28일 오전 5시 21분

will it touch 162 again ?

vbadali

⋅ 2016년 4월 28일 오전 5시 23분

If it holds up here, it'll be back in uptrend mode and hopefully even break that level. This could take some time though.

RajaRashid

⋅ 2016년 4월 28일 오전 5시 24분

Thanks

vbadali

⋅ 2016년 4월 28일 오전 5시 26분

You're welcome. Good luck!

AmjadFX

⋅ 2016년 4월 28일 오전 5시 18분

this is risky , good luck

vbadali

⋅ 2016년 4월 28일 오전 5시 29분

Maybe but after completing the W it's a bullish setup, I think a lot of people will short here based just off the large bodied candle and get caught off guard. Thanks and good luck to you as well.