In this Analysis you can see that the GBPJPY price on the 30-minute chart, there is a possibility for a BUY position.
What we look for:
the upside prevails as long as 156.81 is support.
If trend will change:
the downside breakout of 156.81 would call for 156.24 and 155.90.
My entry details:
- Entry Level: 157.350
- Take Profit level: 158.190
- Take Profit level 2: 158.540
- Stop Loss level: 156.240
- Risk: 1% of balance
*This Analysis is for educational purposes only and is not financial advise.
What we look for:
the upside prevails as long as 156.81 is support.
If trend will change:
the downside breakout of 156.81 would call for 156.24 and 155.90.
My entry details:
- Entry Level: 157.350
- Take Profit level: 158.190
- Take Profit level 2: 158.540
- Stop Loss level: 156.240
- Risk: 1% of balance
*This Analysis is for educational purposes only and is not financial advise.
