GBPJPY LONG, waiting for retest, sign of strengths
GJ has made higher lows, a classic set up of finding strength in the price.
All we have to do is wait for it to break the trend line and previous resistance.
Can either breakout trade or wait for retest, depends on the next coming candle if it has a long momentum candle with large body.
If it ever the price bounced off the resistance or trendline, and breaks off support too, will now find short opportunities.
All we have to do is wait for it to break the trend line and previous resistance.
Can either breakout trade or wait for retest, depends on the next coming candle if it has a long momentum candle with large body.
If it ever the price bounced off the resistance or trendline, and breaks off support too, will now find short opportunities.
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