GBPJPY TRADE PLAN UPDATE

Updated
The GBPJPY has had a strong run, rejecting both the weekly resistance levels of 152.864 and 152.553.

GBPJPY, on the other hand, is trading sideways on a weekly basis.

With two daily rejections so far, 151.455 appears to be a significant resistance level, and a breakthrough level of 150.567 is confirmation to sell at 151.455.

or I take a chance on a 151.455 short position without confirmation.

main target is 147

My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.

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Note
snapshot

149.048 hold ????
gbjpyshortGBPJPYnakedchartanalysisTrend Analysis

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