GBPJPY on the 1H time-frame.
Steps:
1. The price is moving in the parallel channel of uptrend.
2. Strategy in range trading will open SELL order at the upper channel and BUY at the lower channel.
3. Follow up an order position when the price breakout and again when standing on the channel.
4. The next resistance line for the target prices are 144.718 and 148.690 in 4H and day time-frame.
Steps:
1. The price is moving in the parallel channel of uptrend.
2. Strategy in range trading will open SELL order at the upper channel and BUY at the lower channel.
3. Follow up an order position when the price breakout and again when standing on the channel.
4. The next resistance line for the target prices are 144.718 and 148.690 in 4H and day time-frame.
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.
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.