CurrencyAnalysis
Long

GBPJPY on Daily Chart.

FX:GBPJPY   British Pound/Japanese Yen
179 2 2
The idea is for long,
-- support area ,
-- fibo line 0.168 since februari 204,
-- support and resistance showing up trend
-- observing fake breakout., stop loss added.

Related Ideas

Congratulations Mr. Khidr, how can I learn from you?

God bless you
((joaojr5@gmail.com))
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CurrencyAnalysis JoaoJjunior
Thanks, I can't teach you but we can learn together. I also learn from people around tradingview.

Assume I know price will be bullish, enter buy three days before and tighten my Stop Loss, then ill be losing.
Have to learn how to place stop loss in correct way rather placing take profit.

To filter the trend you can use higher moving average such as MA 200.

If you draw horizontal line at 172.881, you will see some price testing this line. So, if price close above this line, forecast price will continue bullish. Draw a line for clue. Bare in mind, no one know where the market will go. Trust your strategy, losing is the winning experience.
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