GBPJPY
On OCT 11th, the daily candle has closed above a resistance area, and since then, that price skyrocketed, soon or later, the broken area needs to be retested, then we saw the evening star, which indicates that the retest prossces about to start, then the price dropped, And now heading toward 152,70 - 152,318.
we should wait for the price in that area, and monitor the daily candles, if:-
a- - if a daily candle bounced off the area between 152,70 - 152,318, we should open a Buy position, and the target would be 155.550, and the SL is 152,200
b - if a daily candle breaks the 152,70 - 152,318 area, we should open a sell position, and the target would be 149,750, and the SL is 152,850 .
Trade carefully and Goodluck.
we should wait for the price in that area, and monitor the daily candles, if:-
a- - if a daily candle bounced off the area between 152,70 - 152,318, we should open a Buy position, and the target would be 155.550, and the SL is 152,200
b - if a daily candle breaks the 152,70 - 152,318 area, we should open a sell position, and the target would be 149,750, and the SL is 152,850 .
Trade carefully and Goodluck.
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