GBPJPY- New Trend New opportunities
Welcome to TradrHq, We provide Technical Analysis for a selected currency pairs and Index
GBPJPY bottom out at (130.000) before the bull run reaching (140.000) a 1000 pips run. On the daily timeframe
we can see uptrend structure an indication that price is in an upward momentum. We are anticipating a retracement
of the new found uptrend to create a new higher low point.
But first price needs to find resistance for us to anticipate and measure a retracement. That means that the day needs to
end bearish for us to pull out the Fibonacci tool and measure a potential retracement. No targets are available right now
as we wait for a set up.
Target #1: N/A
Target #2: N/A
Use 1% -5% risk per Position!
(Remember to use stop loss to limit your losses and protect your account !)
LEAVE US A COMMENT SO WE CAN KEEP OUR COMMUNITY ALIVE AND ENGAGED
GOOGLE [TRADRHQ] for our more in depth break down of our strategy and how we analysis the markets.
LEARN EARN TRADE REPEAT
TradrHqCeo
GBPJPY bottom out at (130.000) before the bull run reaching (140.000) a 1000 pips run. On the daily timeframe
we can see uptrend structure an indication that price is in an upward momentum. We are anticipating a retracement
of the new found uptrend to create a new higher low point.
But first price needs to find resistance for us to anticipate and measure a retracement. That means that the day needs to
end bearish for us to pull out the Fibonacci tool and measure a potential retracement. No targets are available right now
as we wait for a set up.
Target #1: N/A
Target #2: N/A
Use 1% -5% risk per Position!
(Remember to use stop loss to limit your losses and protect your account !)
LEAVE US A COMMENT SO WE CAN KEEP OUR COMMUNITY ALIVE AND ENGAGED
GOOGLE [TRADRHQ] for our more in depth break down of our strategy and how we analysis the markets.
LEARN EARN TRADE REPEAT
TradrHqCeo
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