GBPJPY TCT ( Trend continuation Trade)
GBPJPY TCT ( Trend continuation Trade)
Today Gbpjpy break 148.96 and create lower low
it also break a big correction channel
which shows more downside room
Plan is to short gbpjpy with pull back
Ideal Entry will be 148.90-149.00 area
Check lower time frame to entry :)
First Target 146.30
2nd Target 142.75
SL above 149.50
Today Gbpjpy break 148.96 and create lower low
it also break a big correction channel
which shows more downside room
Plan is to short gbpjpy with pull back
Ideal Entry will be 148.90-149.00 area
Check lower time frame to entry :)
First Target 146.30
2nd Target 142.75
SL above 149.50
Comment:
149.60 the 0.618 level is very key reversal
Comment:
another 0.618 pull back short
Can short now