GBPJPY 15min chart simple long trade

FX:GBPJPY   British Pound / Japanese Yen
94 4 4
Simple trade based on structure. My analysis shows the trend is bullish on the longer time frames and since price has made a pullback to the 786/618 level of the last impulse, I think it would be wise to go long here. around 161.87

Also the RSI is indicated oversold.

Remember might not work, so trade your own plan, i'm sharing to teach myself. If this helps then take use of it

Thank you
Yes, It is possible to close the trade at 162.62 area.. not sure about going short as that would depend of your trading plan. I will be staying long.
I am certain you will easily get the 162.62 level.
Good Luck
very nice trick, but i m using fibonacci retracement, it also show 15 min bullish trend, and than reverse after touch 162.62
m i right?
Your welcome.. Glad it is of use.
Thanks, this looks like a good trade.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out