benjaminlombaert

I'm still bullish based on price and volume

Long
OANDA:GBPJPY   British Pound / Japanese Yen
1. We're still in a uptrend.
2. Trendline gets respected
3. Volume profile and support levels got respected.

4. High volume, very long wick, downtrust candlestick gives a strong reversal signal. The reversal is probably going to happen after a strong correction in the uptrend.

Since there is another volume level I placed a risk/reward ratio of 1 to be sure. TP and stoploss will likely be moved if my prediction was right.
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