GBP/JPY: Support is about to break! What to do? (Trading plan)
Hi guys,
The pair is about to break an important support.
In order to initiate a sell order I want to see a daily close below the support and a pullback towards these levels.
The target will be the next daily support level... as you can see there is a decent amount of pips to grab on this trade! It will probably occur next week.
The idea provided is for educational purpose only. Trade at your own risk.
Feel free to like/comment/follow me !
Trade with care.
Jesse
The pair is about to break an important support.
In order to initiate a sell order I want to see a daily close below the support and a pullback towards these levels.
The target will be the next daily support level... as you can see there is a decent amount of pips to grab on this trade! It will probably occur next week.
The idea provided is for educational purpose only. Trade at your own risk.
Feel free to like/comment/follow me !
Trade with care.
Jesse
Comment:
Daily chart - Very clean and easy to spot setup
