GBPJPY is at the intermediate support.
It can make a double bottom and reverse or break down.
Wait for a reversal sign before going long.
Risky traders can short as soon it breaks down and risk averse traders can wait for a retest.
In both the cases Risk to Reward is pretty solid.
Do you your own research before entering any trade.
ALWAYS put a STOP LOSS.
Let me know your views in the comments.
It can make a double bottom and reverse or break down.
Wait for a reversal sign before going long.
Risky traders can short as soon it breaks down and risk averse traders can wait for a retest.
In both the cases Risk to Reward is pretty solid.
Do you your own research before entering any trade.
ALWAYS put a STOP LOSS.
Let me know your views in the comments.
עסקה פעילה:
The short trade is active and in profit of 150 pips.