Hello traders, we're looking at trend continuation trade setup on
GBPJPY
daily chart..Obviously we still in a bearish trend because the price move from top left to bottom right of your chart..Last week the price have broke below and closed below the previous structure support..This indicate the trend continuation to the down side..The orange box is the area where I'm looking to sell this pair because there is a few structure and fibo confluences also in that area..Lower time frame will be very helpful when you want to execute the trade..Good luck traders :)
GBPJPY
daily chart..Obviously we still in a bearish trend because the price move from top left to bottom right of your chart..Last week the price have broke below and closed below the previous structure support..This indicate the trend continuation to the down side..The orange box is the area where I'm looking to sell this pair because there is a few structure and fibo confluences also in that area..Lower time frame will be very helpful when you want to execute the trade..Good luck traders :)
Trade closed: target reached
