K0KETSO

gbpjpy analysis - 27 feb 2023

Long
FX:GBPJPY   British Pound / Japanese Yen
so here's what i see...

- market has been forming HH and HL on higher timeframes
- market is currently showing signs of breaking through the previous HH
- so i'll wait for market to retest that level of the previous high which will be the new HL if it does not i do not take the trade
- but as with other trades there is no 100% guarantee with my predictions

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.