GBPJPY UPDATE: Support founded at 2.618 ext
GBPJPY SUPPORT FOUND AT
2.618 EXT
After break 154.70 the previous low ( we were stopped at 154.50 and hence protect our account
from losing another 300 pips)
this pair falls rapidly and goes to the
2.618 ext of the BC LEG.
Now the reversal candlestick is founded
and i will wait patiently to buy the pull back
eg: seller tried twice but fail to break new low.
152.50 is my intended buy price
zoom in to 30min
neck line is founded at 152.50
I will buy the pull back
and SL below 151.70
TP1: 153.80
TP2: 154.57
2.618 EXT
After break 154.70 the previous low ( we were stopped at 154.50 and hence protect our account
from losing another 300 pips)
this pair falls rapidly and goes to the
2.618 ext of the BC LEG.
Now the reversal candlestick is founded
and i will wait patiently to buy the pull back
eg: seller tried twice but fail to break new low.
152.50 is my intended buy price
zoom in to 30min
neck line is founded at 152.50
I will buy the pull back
and SL below 151.70
TP1: 153.80
TP2: 154.57
Trade active:
Comment:
SL: 152.60 .
Comment:
NOW IS 155.83
nice reversal
nice reversal