1304 GBPJPY long for a correction to history high
Hello traders,
GBPJPY has finished five-wave swing down to test 4h support where it used to be a resistance zone .
It went sideways with a fake breakingthrough pinbar and winner win by making an engulfing japanese reversal pattern here and pushing price up to middle band of BB now.
This is a good chance to set up a trade with a potential RR HIGHER THAN3 if price could move up to test TP3 there.
Good luck on this trading plan .
Please support me with your likes .
Also comment down there what other pairs you want to know more about on our swing trading strategy.
LESS IS MORE!
GBPJPY has finished five-wave swing down to test 4h support where it used to be a resistance zone .
It went sideways with a fake breakingthrough pinbar and winner win by making an engulfing japanese reversal pattern here and pushing price up to middle band of BB now.
This is a good chance to set up a trade with a potential RR HIGHER THAN3 if price could move up to test TP3 there.
Good luck on this trading plan .
Please support me with your likes .
Also comment down there what other pairs you want to know more about on our swing trading strategy.
LESS IS MORE!
Order cancelled:
GBPUSD did not make us a surprise yesterday.
I will get a update on this pair later.
This plan did not open as Price broke down through middle band again.
I will get a update on this pair later.
This plan did not open as Price broke down through middle band again.
Comment:
Comment:
New possible support to test later.
Then follow the flat channel to see if price would reverse inside.
Then follow the flat channel to see if price would reverse inside.
