Hey Rich Friends,
I think GBPJPY will continue to sell today and maybe this week. This is only a technical analysis so check the news and cross-reference your charts/indicators. Here is what I am looking at:
- The market has already rejected the daily high of 188.852, which is a strong sign that it can continue to move down.
- The 4-hour low was broken, and sellers are picking up momentum on lower time frames.
- The stochastic is facing down, the slow line (orange) is above the fast line (blue), and both lines have crossed below 50
Sell stops are recommended. I will use previous lows as TPs and previous highs as stop losses. Good luck if you decide to take this trade. Let me know how it goes in the comments.
Peace and Profits,
Cha
I think GBPJPY will continue to sell today and maybe this week. This is only a technical analysis so check the news and cross-reference your charts/indicators. Here is what I am looking at:
- The market has already rejected the daily high of 188.852, which is a strong sign that it can continue to move down.
- The 4-hour low was broken, and sellers are picking up momentum on lower time frames.
- The stochastic is facing down, the slow line (orange) is above the fast line (blue), and both lines have crossed below 50
Sell stops are recommended. I will use previous lows as TPs and previous highs as stop losses. Good luck if you decide to take this trade. Let me know how it goes in the comments.
Peace and Profits,
Cha
交易進行
TP 1 HIT! +40 pips in profit交易結束：目標達成
TP 2 HIT! 
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。