UGTraders

GBPJPY - Support level--

UGTraders Updated   
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY currently have a support level that we may benefit to buy with very tight stop-loss, if the market break this level before bouncing back we will reverse our trade.


to be updated...
Comment:
Just looking at the current market structure, it suggests this scenario
Comment:
Just to not confused with the previous idea instruction, here it's another clear snapshot..
Comment:
Better estimation,

Comment:
The market should not penetrate the resistance level, if so, we will close our trade.

Comment:
Still the resistance that I mentioned works and effective,


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.