Let buy GBPJPY at Low risk zone.

2023年8月6日

Hello all,

My personal point of view and base on Trend line TA, I think, we should wait, check and buy at the following price level.

Weekly time frame - uptrend channel

Daily Time frame - uptrend channel

4 Hour Time frame - uptrend channel

1 Hour Time frame - short term downtrend channel and Price action is available at the ranging zone currently.

That why, let wait and check price action and candle sign, 1 Hour Time Frame's Lowest channel zone price area of Between 179.978 to 179.494. Otherwise, this price area is also 4 Hour time's uptrend retest area.

I hope, you will clear my TA and you can modify as you like base on your trading experience.

Have a good profit day!