Grand Rising Traders. Thank God Its Monday! Who else is ready to destroy the markets this week?
These are my thoughts for GBP/JPY
- After a strong push to the upside , momentum is finally slowing down indicating sell pressure.
- Higher lower formed , breaking bullish structure.
However i still feel that there is a lot of buy pressure in the market, so be careful.
Advice
Only trade one pair at a time. Its much easier to predict the direction when your attention is focused on one chart.
Good Luck With The Rest Of Your Trading Week
I Wish You All The Best
#forexprodigy
These are my thoughts for GBP/JPY
- After a strong push to the upside , momentum is finally slowing down indicating sell pressure.
- Higher lower formed , breaking bullish structure.
However i still feel that there is a lot of buy pressure in the market, so be careful.
Advice
Only trade one pair at a time. Its much easier to predict the direction when your attention is focused on one chart.
Good Luck With The Rest Of Your Trading Week
I Wish You All The Best
#forexprodigy
Trade closed: target reached
I decided to exit the trade early and secure 4% instead. Another successful trade.
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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.