The GBPJPY has had a strong run, rejecting both the weekly resistance levels of 152.864 and 152.553.
GBPJPY, on the other hand, is trading sideways on a weekly basis.
With two daily rejections so far, 151.455 appears to be a significant resistance level, and a breakthrough level of 150.567 is confirmation to sell at 151.455.
or I take a chance on a 151.455 short position without confirmation.
main target is 147
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
Like and subscribe and happy trading to all
GBPJPY, on the other hand, is trading sideways on a weekly basis.
With two daily rejections so far, 151.455 appears to be a significant resistance level, and a breakthrough level of 150.567 is confirmation to sell at 151.455.
or I take a chance on a 151.455 short position without confirmation.
main target is 147
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
Like and subscribe and happy trading to all
149.048 hold ????