Hello Traders,
A potential reversal might be setting up on the high volatility pair #GBPJPY as the market is showing early signs of exhaustion. Before doing anything wait for bullish conformation, such as a bullish Engulfing Signal and/or a clear close above the T-Line. The T-Line (or Trigger Line) is the 8 exponential moving average which is the BLACK line on the chart.
If you are interested in learning more about this approach of trading you can visit this link: youtu.be/1fB3EF7XeXU
Good Luck and Happy Trading :)
A potential reversal might be setting up on the high volatility pair #GBPJPY as the market is showing early signs of exhaustion. Before doing anything wait for bullish conformation, such as a bullish Engulfing Signal and/or a clear close above the T-Line. The T-Line (or Trigger Line) is the 8 exponential moving average which is the BLACK line on the chart.
If you are interested in learning more about this approach of trading you can visit this link: youtu.be/1fB3EF7XeXU
Good Luck and Happy Trading :)
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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.