dear traders after daily previous candle closed bellow support it may price going bearish at level of support
if the price close above it will be high chance to buy
best of luck
Hey there!
Gj is my favorite pair, such a nice volatile pair to work with, but lately it's been acting pretty crazy, that's why I haven't talked about it so much.
But, price is at an interesting spot right now. See this 160 level, it used to be a support in the recent past, and a strong one. It's been hit several times between last june-september. Then we had a...
Another look at a setup that is meeting the early requirements for a setup however it is falling short of reaching what is fully expected. Need to shift target to at 1:3, take the win if unable to manage trade actively. If available, wait for price to approach TP at 1:3, move Trailing Stop to 1:3, give price room to shoot for B Range, and take partials along the...
As mentioned in previous idea, gold was aligning for an upside move, which is currently occurring right after the retest of the broken ascending triangle.
- Target: top of H4 ascending channel, daily trend following trade (1955)
From a technical point of view it is possible to try to take a short position around 148.30 with a stop loss above 148.72. We will use a reduced size because we do not have a good R/R < (1:3).
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Thank you for support and trade with care!
![GBPJPY: [GBPJPY] SPECULATIVE SETUP](https://s3.tradingview.com/m/Mljm2ZvQ_mid.png "[GBPJPY] SPECULATIVE SETUP")
