ShaunGadd02

GBP/JPY Looking for a BUY, but so far NEUTRAL!

FX:GBPJPY   Brittiska pund/Japanska yen
Hey guys!
Here is a nice set up on GJ. Currently the market is in a 30 pip range and is pushing towards a resistance area and testing the previous high identified on the 1H chart. I want to see a break of this resistance area and then target the high that is identified on the 4H chart which is also a very strong area of resistance. This trade all depends on whether the market rejects the 1H resistance or whether it pushes through and gives me an opportunity to BUY!

Please feel free to like this post if you agree with the set up and share your thoughts in the comments section!

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.