Will GBPJPY form a Reversal Signal at 138.5~139.0 support area?
Hi traders,
138.50~139.00 is an important support area for GBPJPY, as it has successfully supported GBPJPY 3 times. Of course, I hope this will be the fourth time. :)
Waiting for a clear signal is more important than simply execute a trade without confirmation.Therefore, keep an eye on this pairing when it has formed a reversal signal.
TP1,2,3 is on the chart.
Thank you and feel free to exchange your ideas with me.
**Trade with care**
138.50~139.00 is an important support area for GBPJPY, as it has successfully supported GBPJPY 3 times. Of course, I hope this will be the fourth time. :)
Waiting for a clear signal is more important than simply execute a trade without confirmation.Therefore, keep an eye on this pairing when it has formed a reversal signal.
TP1,2,3 is on the chart.
Thank you and feel free to exchange your ideas with me.
**Trade with care**
Related publications
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.