FX:GBPJPY   British Pound / Japanese Yen
124 5 0
ok, makes sense. thanks.
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Stefano isomorph
you are welcome!
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the idea is to took a swing in favor of the major trend. the reaction from the low looks good to me, and i want to try to go long against that pivot. 163.90/164.00 area is also the 61.8 back of 156.70 to highs move. We can of course go lower, and i will retry a long position between 158.10 and 161.30 area.
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long because ... ?
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Stefano isomorph
the idea is to took a swing in favor of the major trend. the reaction from the low looks good to me, and i want to try to go long against that pivot. 163.90/164.00 area is also the 61.8 back of 156.70 to highs move. We can of course go lower, and i will retry a long position between 158.10 and 161.30 area
Reply
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