#GBPJPY
The price kicks back after the breakdown of the ascending channel back to the previously broken border. Since the uptrend was replaced by a local falling one, I am waiting for the price to fix below the level, followed by a fall. My goal is to support 163.07
The price kicks back after the breakdown of the ascending channel back to the previously broken border. Since the uptrend was replaced by a local falling one, I am waiting for the price to fix below the level, followed by a fall. My goal is to support 163.07
Trade closed manually:
The price went beyond the resistance and it is testing a higher resistance level. The chance of the price collapsing to lower support levels remains high
Trade active:
Boom! I placed a 2 mines at 167.617, price will be continuing on a bearing trend. My target is still the same.