GBPJPY Trade Idea

This trade idea is purely based on support resistance and price action. Back to basic I guess. Looking at chart, I believe market will make retracement downside before rebound to the upside.

Now waiting price action that happen at key support before enter position.

Happy trading guys.

Комментарий:

Seems that price already trading to he upside and broke the resistance. However body candle showing decreasing volatility and price are in indecision position. Will wait for next candle.

Комментарий:

Good time to buy now as price are making swing low. Traders who applied swing trading should buy at swing low in uptrend, and selling at swing high in downtrend.