Hello Traders, 🙋♂️🙋♂️🙋♂️
Here we have a
GBPJPY
long trade idea. If you like this idea please show your support!
GBP
The British Pound has has a lot of pressure this week due to the lockdown restrictions the Prime Minister has announced. However there are still a low number of Omicron cases reported and the UK seems to have control which will push the value of the GBP up.
Why are we entering?
We are entering this trade as we are expecting a double bottom as the price is approaching a highly respected structure zone and is showing signs of resistance. We have a minor RISK trendline which is being respected. We are monitoring for a break of this for a safe entry
If you want to improve your trading, check out my other ideas! 📲
Please trade with caution and make sure you set your stop losses! Happy Trading 😁
Be sure to check out my other ideas below!
⚜⚜⚜⚜⚜
Here we have a
GBPJPY
long trade idea. If you like this idea please show your support! GBP
The British Pound has has a lot of pressure this week due to the lockdown restrictions the Prime Minister has announced. However there are still a low number of Omicron cases reported and the UK seems to have control which will push the value of the GBP up.
Why are we entering?
We are entering this trade as we are expecting a double bottom as the price is approaching a highly respected structure zone and is showing signs of resistance. We have a minor RISK trendline which is being respected. We are monitoring for a break of this for a safe entry
If you want to improve your trading, check out my other ideas! 📲
Please trade with caution and make sure you set your stop losses! Happy Trading 😁
Be sure to check out my other ideas below!
⚜⚜⚜⚜⚜
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