TheSignalyst

GBPJPY - Trend-Following Setup!

TheSignalyst Diupdate   
FX:GBPJPY   Pound Inggris / Yen Jepang
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

πŸ“ˆ GBPJPY has been overall bullish, trading within the rising channel in blue.

Currently, GBPJPY is in a correction phase, approaching the lower bound of the wedge.

Moreover, it is retesting a strong support in green.

🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline.

πŸ“š As per my trading style:
As #GBPJPY approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

πŸ“š Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
Trading ditutup: target tercapai

This analysis is done using RichTL
www.RichTL.com

My Telegram Channel
www.t.me/thesignalyst
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.