GBPJPY on the 4h chart is creating a new high.
After the test of the 180 level, the price started a steady bullish move to the upside without any retracement.
For this reason, our bias remains long and we can expect two possible scenarios.
The first one sees a break of the current level and a continuation to the upside; in the other one, we can see a retracement to a Fib level before the price continues the move.
According to Plancton's strategy If the price will satisfy the condition we can set a nice long order.
After the test of the 180 level, the price started a steady bullish move to the upside without any retracement.
For this reason, our bias remains long and we can expect two possible scenarios.
The first one sees a break of the current level and a continuation to the upside; in the other one, we can see a retracement to a Fib level before the price continues the move.
According to Plancton's strategy If the price will satisfy the condition we can set a nice long order.
Komentar:
test of the 0.382
Komentar:
perfect turn as expected