advise_trader

GBPJPY - Trade Setup plan to bullish

Long
EIGHTCAP:GBPJPY   British Pound / Japanese Yen
Hi traders, the market is now bullish on High timeframe and right now the price is on the demand zone. So we can look for the opportunity to long position .

Trade Setup
- falling wedge pattern
- price on demand zone
- rejection candle
- rsi divergent

Trade entry
- waiting for bullish market structure in lower time frame such 1H or 15m to confirm.
Do not blindly take any action if the structure does not go in the way we expected.

This just my idea. Let’s see the reaction . Thank you.



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