GBPJPY TO RISE
currently on 4h timeframe, the price is at its previous broken resistance structure, which
is now become support. we can look for opportunity to buy in these areas, if and only if
the price is showing a decreasing momentum to break the support areas.
these decreasing momentum can be seen in the smaller timeframe,
if the price makes a double bottom, or break to the upside pattern in the smaller timeframe, we can enter the market with a long position
is now become support. we can look for opportunity to buy in these areas, if and only if
the price is showing a decreasing momentum to break the support areas.
these decreasing momentum can be seen in the smaller timeframe,
if the price makes a double bottom, or break to the upside pattern in the smaller timeframe, we can enter the market with a long position
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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.