Hello everybody!
After watching the long-term GbpJpy pair, it can be said that the downtrend is approaching. Cutluk H4 can't read the maximum number of times. There is a strong possibility that gbpjpy will not find strength this time and will go down. However, since Forex is a game of probabilities, I can say that it is possible to wait by placing pending orders at certain thresholds. This threshold is initially 168.80. It is necessary to put a sell stop here and wait for a shower. But if we consider otherwise, we can see which probability is more correct by placing a buy stop order at the price of 169.15. In any event, we will emerge victorious.
Good luck!
After watching the long-term GbpJpy pair, it can be said that the downtrend is approaching. Cutluk H4 can't read the maximum number of times. There is a strong possibility that gbpjpy will not find strength this time and will go down. However, since Forex is a game of probabilities, I can say that it is possible to wait by placing pending orders at certain thresholds. This threshold is initially 168.80. It is necessary to put a sell stop here and wait for a shower. But if we consider otherwise, we can see which probability is more correct by placing a buy stop order at the price of 169.15. In any event, we will emerge victorious.
Good luck!
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Already +200 pips done!