GBPJPY - Potential Buy

7 thg 11, 2020

Trading Plan with LT

• Price Action: Price has been impulsively pushing down since 01/09/20 and made a low on the 22/09/20. The expectation is for the price to make a new Low. However it looks like it is not ready to make that new low since 30/10/20. So the Belief is that price might go back up to break "TP1" or even better to fib retracement of the golden ratio 0.618.
  
• Fundamental: GBP has a few high impacting news coming up this week that might help the Pound to get stronger.
  

Manage it Well
Lorenzo Tarati

ps: comments are welcome

9 thg 11, 2020

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