we all want to take right direction next open. it will be new weekly and monthly bars no one want go into wrong direction so let me share my idea with you. in fact i was want to share on monthly chart but i see something interested in weekly chart so let's see it
You have 3 trading style on Monday.
number 0 super...
The Trap GBP/JPY
This currencies pairs .. sometimes make you miss and lose control and do not know where the price went . that really crazy pair of currencies , I sometimes see a price between them and exchange bars between of them like a real battle. let me go more deep this time and see were price want next week.
first let's see Important timeframes in time...
Let me simplify things, with each height is definitely selling
With the market open, wait for the upside and wait for a Reversal then sell and leave to 138.650 , Stop-loss 148.145
this chart will be updated follow it, thank you..
I'm cautious here and my trades are only in hold for next week - reason to wait if this deeper fall is in favor. Below 152.77 will target 150.05 support first and Break of 150.05 will affirm this case and target 148.13 key support level. In the bigger picture, as long as 152.77 key support holds, medium term outlook remains bullish.