I've entered a long position on the
GBPJPY
at 184.931, relying on analysis using the Volume Spread Analysis (VSA) methodology. My analysis has identified the 'No Supply' signal, indicating weakness in sellers, along with the 'Spring' signal, signifying a bullish impulse. Significant buying volume, accompanied by a moderate spread, emphasizes the strength of the current bullish momentum in the market. My strategy includes a stop-loss set at 184.36, with the take profit target at 186.070 to effectively manage risks.
Please remember that trading always involves risks, and I use VSA analysis in conjunction with other market strength signals to make well-founded trading decisions. Stay tuned for updates on this trade! 💰📊 #Trading #LongTrade #VSAAnalysis #RiskManagement
GBPJPY
at 184.931, relying on analysis using the Volume Spread Analysis (VSA) methodology. My analysis has identified the 'No Supply' signal, indicating weakness in sellers, along with the 'Spring' signal, signifying a bullish impulse. Significant buying volume, accompanied by a moderate spread, emphasizes the strength of the current bullish momentum in the market. My strategy includes a stop-loss set at 184.36, with the take profit target at 186.070 to effectively manage risks. Please remember that trading always involves risks, and I use VSA analysis in conjunction with other market strength signals to make well-founded trading decisions. Stay tuned for updates on this trade! 💰📊 #Trading #LongTrade #VSAAnalysis #RiskManagement