LuisAlbertoC

GBPJPY about to start a bullish run ( retracement)

Short
FOREXCOM:GBPJPY   British Pound / Japanese Yen
Price over all is on a downtrend, it need to do a correction to the next 3 points
A) 38%
B) 61%
C) third hit of the trendline

Wait for a clear rejection on any of those 3 and lets get it on

Remember, use stop loss at your discretion. My tp usually is where the arrow ends.

Trade at your own risk

Don’t be Impatient, don’t over trade, choose one of my ideas and just trade that one. Don’t trade all my ideas, ever. Always wait for the setup to complete. Don’t enter too early or too late because you suffer from FOMO (Fear of missing out). Forget making $1,000 a day if you are not making 10$ a day consistently. Less is More.

For more Details and updates on this trade, follow me on my telegram channel
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.