GBPJPY buyers might have finally run out of steam
GBJPY staged a moderately strong rally last week primarily due to JPY weakness. However, the long-legged Doji candle at the resistance indicates that the buyers might have finally run out of steam.
At this point, sellers could step into the market.
So, traders can look for sell between 144.60 to 144.80 with SL above the resistance area. TPs can be set at 143.50, 142.70 and 141.30 respectively.
I have already sold last week and currently holding my trades.
At this point, sellers could step into the market.
So, traders can look for sell between 144.60 to 144.80 with SL above the resistance area. TPs can be set at 143.50, 142.70 and 141.30 respectively.
I have already sold last week and currently holding my trades.
Kommentera:
Perfect idea. Worked great
Trade stängt: målet nått:
All targets reached in GJ 330 pips profit
