Hi all
GBP/JPY is currently breaking through the daily timeframe resistance level of 155.549. So, this retreat trade has 160.652 as its target.
It may be good to hold swing positions if the price rejects the entry level and closes below the consolidation level.
My trading strategy is not intended to be a signal service. It's a process of learning about market structure and sharpening my trading skills.
Like, subscribe, and happy trading to everyone!
GBP/JPY is currently breaking through the daily timeframe resistance level of 155.549. So, this retreat trade has 160.652 as its target.
It may be good to hold swing positions if the price rejects the entry level and closes below the consolidation level.
My trading strategy is not intended to be a signal service. It's a process of learning about market structure and sharpening my trading skills.
Like, subscribe, and happy trading to everyone!
Trade active
Note
BE+
Note
GBPJPY updates: price breaks LH structure, makes a new high, and then pulls back to potential entry at the previous missed level 160.024
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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.
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.