SELL CMP 152.678 SL 153.984 TP 148.770 DONT RISK MORE THAN 1% OF YOUR ACCCOUNT NOTE :- GIVEN TRADES ARE FOR FOR EDUCATIONAL PURPOSE ONLY. TRADE AT YOU OWN RISK
price may go up at major support level
posibble buys from golden zones --- advise not any investment opportunity
it may go down
lets see how price will be acting aroung this area
On both the 2H and 4H TF's, GBPJPY has been in a downtrend respecting the levels of the descending channel shown. Currently, I am looking for short entries, following the trend and following bearish divergences on the RSI. Price may still break above this level, hence my hesitation. Drop opinions below.
Correct time to Sell Gbpjpy. Good impulse move now lets make this corrective. ;) Entry 152.50 Sl 153.40 Tp 148