TradingView
TradeChartist
Sep 16, 2020 9:35 AM

GBPJPY 4hr support looking strong here Long

GBP/JPYOANDA

Description

GBPJPY holding to the 4hr support pretty strong as the demand zone looks clearly established with risk being small for a short term lucrative long.

Levels on chart.

Comment

Support zone + Current range. Break above this range will be a clear Bull sign

Comment

Nice bull action with Bull Divergence on Price Volume Trend Oscillator on 4hr

Comment

Sold most at resistance on LTF with a view to re-enter trade at the break up above resistance.

Trade closed: stop reached

Didn't pan out as expected. stopped at just above entry with some profits taken above 136.2.

More