In this Analysis you can see that the GBPJPY price on the 30-minute chart is crossing the baseline and there is a possibility for a BUY position.
What we look for:
as long as 155.77 is support look for 157.37.
If trend will change:
the downside breakout of 155.77 would call for 155.20 and 154.86.
My entry details:
- Entry Level: 156.300
- Take Profit level: 157.370
- Stop Loss level: 155.200
- Risk: 1% of balance
*This Analysis is for educational purposes only and is not financial advise.
What we look for:
as long as 155.77 is support look for 157.37.
If trend will change:
the downside breakout of 155.77 would call for 155.20 and 154.86.
My entry details:
- Entry Level: 156.300
- Take Profit level: 157.370
- Stop Loss level: 155.200
- Risk: 1% of balance
*This Analysis is for educational purposes only and is not financial advise.
