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.
Note
Note
New possible support to test later.Then follow the flat channel to see if price would reverse inside.
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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.
Join Free Telegram Group to get all the updates: t.me/FuntraderVera
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.