GBPJPY 4 Hour. Potential Breakout.
Atualizado
GBPJPY
Support and 142.00 Psychological level and support. If price breaks 143.00 then we could see potential upside to the 144.00 area. The risk reward on this trade would not be very good. 8EMA21SMA is showing bullish momentum. If price consolidates under the 143.00 level we could have a short trade down to 142.00 instead.
I will post updates on this trade!
Be sure to follow for more trade ideas!
Support and 142.00 Psychological level and support. If price breaks 143.00 then we could see potential upside to the 144.00 area. The risk reward on this trade would not be very good. 8EMA21SMA is showing bullish momentum. If price consolidates under the 143.00 level we could have a short trade down to 142.00 instead.
I will post updates on this trade!
Be sure to follow for more trade ideas!
Nota
Ok guys in my over trade idea i was waiting for a retest and just noticed we may be going for a retest now (look my prev trade). This could mean that it bounces of the trend lines if it break 143.00 then we are looking and a very nice sell setup. If it does not of this then forget this ideaNota
That would been a nice short. Maybe we can see if we will go back to 143.00Nota
I'm entering if break to the downside now as price has retested trend line.Nota
Shorting this pair!Nota
Wait for candle close and emasma crossoverNota
Retest? or will it close above 142.00 i hope notNota
If you look on my other trade idea for this pair you will see this is most likley a retest of that trend line go look 
Nota
Price is consolidation under support lets just wait.!
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