GBPJPY is on the trendline, i'm expecting a bounce up, like on every JPY pair, so i think that buying there wouldnt be a bad idea! -- Very low risk trade! Lets see Make sure to LIKE and FOLLOW I will make sure to answer every comments/questions below!
I'm on the same trade, but this pattern of crawling over the trendline usually results in a violent breakout downwards..
jolicoeur342
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i see a cup and handle i dont see it going down, anyway... i mean the risk reward talk by itself
IAmAgainst
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Sure, I have a sell limit order at your target so I don't want to miss that either..
sachin888
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see i told u it will eventually convert into high risk trade. hahaha thank god i was short ;) and now chances are more down
vaporize
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Yes I like this idea, I am not long yet, will wait for break of the trend line on the handle.
wendyg
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Hi, it appears that many of the market currency pairs are quite placid i.e. moving up and down with little volatility, small rises and falls, why is that? what is the major global catastrophe are waiting for? the US elections? We are taking small wins, will this be the status quo for a while?
Wave-Expert
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Go baby go !!
MrLatchman
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too tight of a stop.... minimal loss.... going up hopefully now