bigbax699
Corporal
- Messages
- 49
Looking back at our old friend GBPJPY today, and i am liking the possible setup coming. This is a nice textbook Buy for me, we got the break above the Averages, hit resistance level as expected, now we have price retracing to test the broken previous resistance which should now turn as a support level and with the added averages and trend we have a multiple confluence entry. The bear candles have no real intentions so when you see a rejection of this area get in on the buy for a nice 1:5 R:R trade to get above the resistance zone above. GLIYF