GBPJPY - Rally up?!
GBPJPY - Daily Time Frame
This zone is very interesting. Price on Friday closed 134.678 +0.05%
The trend itself has been in a long downtrend and no major sign of reversal.
In June this year you can see and bearish flag with a continue drop to the down side.
Depending on how Monday daily candle closes, this could potentially give us a nice pullback to ride a few pips of 130+.
If it breaks my trendline and the fib 61.8% this could go to the 50%, and then drop to my zone area below [the oval] and a lovely ride down.
A great one to keep an eye on and potentially some nice pips!
* This profile is for educational purposes ONLY!
* The trade idea given is my own perspective of the Forex market and by no means require action!
* Trading involves risk, past profits do not guarantee future results, so never risk what you are not willing to lose!
This zone is very interesting. Price on Friday closed 134.678 +0.05%
The trend itself has been in a long downtrend and no major sign of reversal.
In June this year you can see and bearish flag with a continue drop to the down side.
Depending on how Monday daily candle closes, this could potentially give us a nice pullback to ride a few pips of 130+.
If it breaks my trendline and the fib 61.8% this could go to the 50%, and then drop to my zone area below [the oval] and a lovely ride down.
A great one to keep an eye on and potentially some nice pips!
* This profile is for educational purposes ONLY!
* The trade idea given is my own perspective of the Forex market and by no means require action!
* Trading involves risk, past profits do not guarantee future results, so never risk what you are not willing to lose!
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.