GBP/JPY - Long Term Buy Position Opportunity.
GBP/JPY has a significant rally in the past few days which changes the momentum to bullish.
Therefore, as a long term forex trader, I'll to buy GBP/JPY,
In the M30 chart, there is a CCI divergence confluence with a fresh demand, that create a great setup to buy.
If the price will breakout this demand I'll look to buy again in the lower demand which we can see on the D1 chart.
The target for both options will be the supply above on the D1 chart.
Therefore, as a long term forex trader, I'll to buy GBP/JPY,
In the M30 chart, there is a CCI divergence confluence with a fresh demand, that create a great setup to buy.
If the price will breakout this demand I'll look to buy again in the lower demand which we can see on the D1 chart.
The target for both options will be the supply above on the D1 chart.
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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.
The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
We Trade Forex - Come Join Us!
the5ers.com
We Trade Forex - Come Join Us!
the5ers.com
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.