GBPJPY buy Long term at 147.913
GBPJPY giving us another opportunity to buy on the long run. Trade may take in few more time so lets be patient. I dont want to chase the price, We wait for the retracement around 147.913. Pair has change its trends after bullish run and confirmations. Reasons why we would like to enter at 147.913 is simple.
+Strong Resistance
+38.2% fib from previous rally
+Trendline possible retest
You can set pending buy limit if aggressive and if conservative look for more confirmation
Buy @ 147.913
SL: 141.225
TP: 158.751
*Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies and crypto currencies can be risky and potentially profitable opportunity for investors. However, before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
+Strong Resistance
+38.2% fib from previous rally
+Trendline possible retest
You can set pending buy limit if aggressive and if conservative look for more confirmation
Buy @ 147.913
SL: 141.225
TP: 158.751
*Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies and crypto currencies can be risky and potentially profitable opportunity for investors. However, before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
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