GBPJPY is starting to appear bullish on the 1 HR chart, enter a long position ONLY when the 4 indicators happen:
1. Leading cloud is green (currently is green) 2. Last candle stick closes above the cloud (currently in the middle) 3. TK Cross occurs (green line cross red in bullish trend, currently on top of each other) 4. Laggig Span (yellow) hits above the cloud (currently in the middle)
Best to exit position when the TK line takes a bearish trend (green crosses red downward).
To much of us think its still bearish trend. I think we need to see some fundamental strong moves, for changing the trend. I keeping still my position on sell. All best!
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