Hello traders,
# Price is printing a bullish falling wedge.
# Even after the recent flash crash we can see that the price QUICKLY retraced, respecting the structure.
# 200-day Moving average finally crossed below the 100-day MA (Buy Signal).
#This is a long term idea.
Wait for the breakout before Entering, until then there will be several intraday...
Hello ,
Price is bouncing through a bullish channel and is reaching near 50% Fibonacci level which corresponds to the resistance at 138.00
We are waiting for the 9, 21 EMA for a second confirmation near the resistance before we take the trade.
TP1 -> 136.750
TP2 -> 135.400
* First post !
Let's see how will play out.
OANDA:GBPJPY