BACapitalManagement

Areas of support for GBPJPY - reasons to buy

Long
OANDA:GBPJPY   British Pound / Japanese Yen
Price has moved into areas where support may be found. I'll be looking for bull candles on the daily time frame. If I see bull candles, then I will move to the 1H and place buy limit orders at previous market levels.

Comment:
Buying could have began back in October 2017.

Comment:
Rough look at entries and stop losses on 1H.

Related Ideas

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.