Hello Guys,
I see a short idea on gj .This based on the fact that it broke through a key support area. I also think the pair has been extremely weak with the fundamentals. If the trade can run until London session i think i have a good chance of the price tapping my TP. Factors shaping my bias brexit, weak fundamentals, dovish bank which they have to be in order to give the pair some strength by making investors see value in investing back in their economy. In addition the corona virus and global tension give JPY strength that's why i see the pair as short. I will review the trade and try to tighten my stop loss based of lower time frame because i dont like risking much on my trades
I see a short idea on gj .This based on the fact that it broke through a key support area. I also think the pair has been extremely weak with the fundamentals. If the trade can run until London session i think i have a good chance of the price tapping my TP. Factors shaping my bias brexit, weak fundamentals, dovish bank which they have to be in order to give the pair some strength by making investors see value in investing back in their economy. In addition the corona virus and global tension give JPY strength that's why i see the pair as short. I will review the trade and try to tighten my stop loss based of lower time frame because i dont like risking much on my trades