FX:GBPJPY   British Pound/Japanese Yen
202 1 0
addition to my previous analysis posted on this pair earlier.

price has now reached the top of my trend line , I will be keeping a close eye on how the daily candle closes if price breaks out to the upside my bias will be long for the pair.

the current daily candle is looking very bullish however patience is key and will be awaiting for the close to assess my next move.

if price does break above the trendline and holds above possible upside targets are 184-187
Nightwish
2 years ago
hi. I got this in my Twitter feed from Tradingview which I follow. I see that you have marker Supply and demand zones, trend lines , etc and I really cannot figure out what were you "patiently" looking / waiting for in order to take the trade? After initial PA entry in demand at 176.375 you are waiting and you missed almost 600 pips trade. Why do you place MA for cross if you do not use it as a trigger to enter the trade? That is additional ~420 pips. Minor supply breakout at 178.60 for another entry...etc, etc, etc. At this moment ( or today ) price will most likely close above 61.8 Fib retrace of the previous swing down. And you have no pips cashed in . If you place in supply and demand zones - use them. cheers.
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