The GBPJPY has had a strong run, rejecting both the weekly resistance levels of 152.864 and 152.553.
GBPJPY, on the other hand, is trading sideways on a weekly basis.
With two daily rejections so far, 151.455 appears to be a significant resistance level, and a breakthrough level of 150.567 is confirmation to sell at 151.455.
or I take a chance on a 151.455 short position without confirmation.
main target is 147
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
Like and subscribe and happy trading to all
GBPJPY, on the other hand, is trading sideways on a weekly basis.
With two daily rejections so far, 151.455 appears to be a significant resistance level, and a breakthrough level of 150.567 is confirmation to sell at 151.455.
or I take a chance on a 151.455 short position without confirmation.
main target is 147
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
Like and subscribe and happy trading to all
Note
149.048 hold ????
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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.
Related publications
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.