GBPJPY POTENTIAL SHORT CONTINUATION
Hello Everyone!
How are you all?
GbpJpy is a pair to watch this week, because it is shaping up very nicely for a short trend continuation that we can capitalize on.
So, I will be looking for a sell continuation because of the following reasons:
1. The overall trend is bearish.
2. The price has formed a continuation structure.
3. The price is approaching the value area.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the High, and makes a bearish impulse followed by a 15mins flag with two highs and lows.
Entry : will look for a risk short entry within the flag or a reduced risk entry on the breakout of the flag.
How are you all?
GbpJpy is a pair to watch this week, because it is shaping up very nicely for a short trend continuation that we can capitalize on.
So, I will be looking for a sell continuation because of the following reasons:
1. The overall trend is bearish.
2. The price has formed a continuation structure.
3. The price is approaching the value area.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the High, and makes a bearish impulse followed by a 15mins flag with two highs and lows.
Entry : will look for a risk short entry within the flag or a reduced risk entry on the breakout of the flag.
Not
AOV active...
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.