tntsunrise
Long

GBPJPY LIBRA PATTERN IN DAILY CHART

FX:GBPJPY   British Pound/Japanese Yen
8080 38 127
THIS LIBRA PATTERN
Is going to be a bigger one,.

We short from 162.50
TP at 154
Now we long gbpjpy             again
based on my previous IDEA

Key Thing:
You need to have a Trading Plan
Trade what you see!
Comment: WATCH THIS LEVEL
FOR A PULL BACK TRADE
Comment:
snapshot
Comment:
snapshot

Watch the price action here
Comment:
snapshot

Retested nicely
Comment:
snapshot

tested again
Comment:
snapshot

Support well!!
Comment: PRICE is now sideways.
but since it did not make lower low.
we can still long
Comment:
snapshot

HOLD YOUR LONG POSITION
Comment: If price break up 162.80
I will buy gbpjpy again
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If we have another H1 candle failing to pass 162.7 would you say it´s a good signal to go short?
Reply
Pair seems to be at a good resistance. hopefully breaks it
Reply
Hello There Jack,
Are you still in this trade? Your thoughts on the following chart :) Thanks
snapshot
Reply
still good for a long on this?
Reply
hourly h&s.lower highs, lower lows. bearish
Reply
Its now at a 50% retracement of the move up. whats your thoughts on this one now?
Reply
you're the Miz? and you're..?
Reply
Time to cut our losses?
Reply
Still valid?
Reply
I'd say 156.25 is a critical support, if it breaks it we should probably get out.
Reply
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