GBPJPY - TRADE IDEA (H4)

2019年5月1日

I honestly think that the 3 levels have finished. We have gained profits from this trend. Suggestion: Watch out for its reversal, mostly on SELL. However, the pattern is not so clear but I do think biased.

To those that don't understand the chart:
Green Boxes: These are zones.
Light Blue Lines: Are light areas of support and resistance where consolidation or small pullbacks might occur.
Red Lines: Lines where reversals or pullbacks might occur. This is also an area where the previous retractions had occurred.
Green Lines: These are Key levels; If these levels are broken, possible sign of a continuation of the current trend or a violation of the trend.
Yellow Lines: Current highest high and lowest low of the quarter.
Red Vertical Line: Represents the start of the quarter.

These set-ups, however, are not to be considered a SURE win. There are still many ways for us to see the trend; trading is a subjective factor. This is only a trading plan and must be also reviewed yourself before trading it. Every set-up I give is based from every quarter of the year. New charts are created at the end of the quarter.

2019年5月3日

註釋

It is clear that my doubts and the pattern not being clear has won this. We have gained enough from this trend and I have honestly watched out too much of JPY since it is, so they say, the golden week. I will do my best for signals like these to be sorted out :)