POSSIBLE COUNTER TREND TRADE - GBPJPY - 4 HOUR CHART
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4 HOUR CHART
- price making lower lows and lower highs
- 144.827 level has been tested as S/R multiple times (looking left)
- 144.827 was resistance but now is acting as support
https://www.tradingview.com/x/Nwa9ZRLy/
TARGET
- looking for price to pullback towards the previous lower low which was level 146.211
- if price reaches this level, will be looking for trend continuation trades to the downside
4 HOUR CHART
- price making lower lows and lower highs
- 144.827 level has been tested as S/R multiple times (looking left)
- 144.827 was resistance but now is acting as support
https://www.tradingview.com/x/Nwa9ZRLy/
TARGET
- looking for price to pullback towards the previous lower low which was level 146.211
- if price reaches this level, will be looking for trend continuation trades to the downside
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.
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.