GBPJPY - Pre Week Analysis
Still its uptrend and trend has not been changed.
We can go to buy above 204.500 where we can see buying pressure.
If Buy SL hits 2 times in the zone of 204.500 - 206.543, Do not go for trade after that in that zone.
Based on every day situation bias can be changed
If it breaks and sustains below 204.500 - After retest and candle confirmation , We can become a seller.
Expecting it would go up based on upcoming economic data.
We can go to buy above 204.500 where we can see buying pressure.
If Buy SL hits 2 times in the zone of 204.500 - 206.543, Do not go for trade after that in that zone.
Based on every day situation bias can be changed
If it breaks and sustains below 204.500 - After retest and candle confirmation , We can become a seller.
Expecting it would go up based on upcoming economic data.
Feragatname
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