GBPJPY - NEXT MOVE ?
I am currently looking for a sell opportunity on GBPJPY. This pair is currently trending between my zones above the bullish trendline on the 4hr chart. I am waiting for the market to hit my top resistance zone around the 135.500 level before looking for a continuation to the downside around the 132.600 level.
An alternative entry would be if the market breaks below the trendline before reaching the top zone where i would wait for a 1hr closed candle before entry to confirm the break of he trendline.
An alternative entry would be if the market breaks below the trendline before reaching the top zone where i would wait for a 1hr closed candle before entry to confirm the break of he trendline.
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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.