GBPJPY SELL

١٠ أغسطس ٢٠٢٠

GBPJPY SELL (Traget: around 300 pips)

Monthly we have a bearish candle formation,
Weekly and Daily still bullish (our sell area yet to reach),
H4 price at the top bollinger band (this is the area of Resistance on Daily TF price at 138.795),
We have our sell entry area price at 138.700 - 138.900 zone (this is the zone where we will be having a triple top (H&S) formation on the H4 TF,
Our TP zone is price at 135.500,

١٢ أغسطس ٢٠٢٠

ملاحظة

Now we have two scenarios

on daily TF we have the price above middle BB, which might push the price till top BB,

or

oh H4 we have the price on the top BB and this might drop the price to H4 middle BB.