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MANNI0812

£ YEN 141.88

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
MANNI0812  
OANDA:GBPJPY   British Pound / Japanese Yen
Supply and Demand Multiple Time Frame Analysis Oscillators poundyen GBPJPY
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supplyanddemand mtfa oscillator poundyen gbpjpy
Every time we get a heavily oversold RSI on my key MACRO levels, we get a nice rally. I will be taking profits at 141.88 first. We will have a strong rejection there as its the top end of the Supply and Demand MACRO time frame level. Will scale up as we go along, if the trendline stabilises I can see it going up to 142.8 but no further than 143.6 if we get a sipke, we will be hitting the counter trendline again so 143 is my max TP target.

141.8
142.8
143.7
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