GBPJPY Trade Plan

٢ ديسمبر ٢٠٢١

Bullish Indications:
1. Bullish Inside Bar
2. Major Support Zone @ 148.950 -149.300
3. Bullish AB=CD Reversal Pattern

Bearish Indications:
1. Lower Highs & High Lows
2. Bearish Trendline
3. No Oscillator Divergence

Baised: Long & Short

Suggested trade plans are:

Plan A: Short (till the support zone)
Sell Stop: 150.250
SL @ 151.150 (0.236 Fib)
TP: 149.150

Plan B: Long (above the support zone)
Buy Stop: 149.500
SL @ 148.500
TP1: 152.500 (0.382 Fib)