PriceActionTrading

Potential re entry into trend

Long
FX:GBPJPY   British Pound / Japanese Yen
41 views
1
H4 pin bar spotted at key support trendline. However, i will not look to buy into just it yet as D1 has recently taken a beating and the beating could continue to 180 level depending on how today closes. i will only enter if a pin bar or rejection pattern is formed on the trendline end of today 05/ 01 /15.

Comments

traders who are willing to take on more risk have the option to enter long at 184.366 or enter long if H4 manage to close above 184.366. i personally have put a buy limit at 180.05 (a 400 pips difference i know).
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out