GBPJPY trading signals
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✍️DCA stands for Dollar Cost Averaging - which means averaging the price, simply put, it is when a trader buys an asset many times at different prices.
✍️This is a very popular strategy in finance and cryptocurrencies. The main purpose of the averaging strategy is to effectively minimize investment risks. And increase profits when the market is trending.
🤑🤑In the GBPJPY signal, we had a positive DCA when the price broke out of the DOW zone and the resistance zone at 190.700. The DCA point went in the right direction and brought great profits for the two signals.
✍️This is a very popular strategy in finance and cryptocurrencies. The main purpose of the averaging strategy is to effectively minimize investment risks. And increase profits when the market is trending.
🤑🤑In the GBPJPY signal, we had a positive DCA when the price broke out of the DOW zone and the resistance zone at 190.700. The DCA point went in the right direction and brought great profits for the two signals.
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