GBPJPY ANALYSIS
DOUBLE CONFIRMATION OF THE UPSIDE MOVE
- AS EXPECTED MARKET BROKE OUR WEEKLY TREND LINE
- THE MARKET JUST MADE A CROSSOVER 50 EMA (BLACK) ABOVE THE 200 EMA (ORANGE)
- CONFIRMING THE UPSIDE MOVE WITH 2 CORRECTIONS WHICH GIVE US A HIGHER PROBABILITY OF A GOOD TRADE, SET UP OUR TARGETS TO REACH THE NEXT CONFLUENCE ZONE (GREEN)
- THIS OPPORTUNITY IS OFFERING 162 PIPS TO THE UPSIDE, RISKING 1% OF OUR TOTAL CAPITAL.
- AS EXPECTED MARKET BROKE OUR WEEKLY TREND LINE
- THE MARKET JUST MADE A CROSSOVER 50 EMA (BLACK) ABOVE THE 200 EMA (ORANGE)
- CONFIRMING THE UPSIDE MOVE WITH 2 CORRECTIONS WHICH GIVE US A HIGHER PROBABILITY OF A GOOD TRADE, SET UP OUR TARGETS TO REACH THE NEXT CONFLUENCE ZONE (GREEN)
- THIS OPPORTUNITY IS OFFERING 162 PIPS TO THE UPSIDE, RISKING 1% OF OUR TOTAL CAPITAL.
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