DONATE & Share Post Your Content On Smart Money Management

Search This Blog

Saturday, February 06, 2021

Potential Buy Limit at 144.230

Potential Buy Limit at 144.230


Multi Timeframe Analysis


GBPJPY impulsed powerfully northward since first week of January. Weekly resistance marked by the shaded box had been broken and turned support. Expect a correction to fibonnaci levels in a month however the master trend is supportive of buys only


GBPJPY continued an impulse northward after an expected retracement. There . no strong daily resistance in sight for now


Wait for for the first red daily candle to appear. Take a fibonacci level to 38.2% below the latest high , await a retracement, and enter long after the market turns bullish on the 4H chart. Possible entry points at 144.230 or 144.250 depending on the 4H signals

I don't sell signals no offer trading services. I am, however a 20 year forex trader and entrepreneur who's been developing private algos for personal use.
Follow me on telegram for the latest signals:

from Trading Ideas
via gqrds

No comments: