GBPJPY

9 thg 3

GBPJPY is in an interesting position as we have had a Head and shoulders formation, we have since broken the neckline and we are now in theory retesting this level, now we have a risk of the neckline snapping, in this instance expect a flush to occur, if we see bullish momentum from here, we are likely going to go test the nearest major resistance at 195. Now with GJ being a carry trade, we also get positive swaps on our positioning! added bonus.

15 thg 3

Ghi chú

Looking good now

19 thg 3

Ghi chú

Lovely break of the highs

19 thg 3

Ghi chú

Short sellers now cleared, if you are late to the party look for some weakness

20 thg 3

Ghi chú

Soon the potential for a swing low is increasing, this is when you wanna load for 195, it will occur on 4H timeframe