GBPJPY: Potential long and reversal level
Looking at this pair, which is overextending up, there is a key resistance level, which I think price will reach by March 6th.
If not reached, I will look for a short position with an invalidation level above the highlighted zone above.
For the long, invalidation level is 183.019. Price needs to stay above this level today until the close for the setup to be valid.
Good luck!
If not reached, I will look for a short position with an invalidation level above the highlighted zone above.
For the long, invalidation level is 183.019. Price needs to stay above this level today until the close for the setup to be valid.
Good luck!
Trade closed: target reached:
Perfection.
