In this Analysis you can see that the GBPJPY price on the 30-minute chart, there is a possibility for a BUY position.
What we look for:
the upside prevails as long as 158.16 is support.
If trend will change:
the downside breakout of 158.16 would call for 157.51 and 157.12.
My entry details:
- Entry Level: 160.42
- Take Profit level: 161.250
- Take Profit level 2: 161.640
- Stop Loss level: 159.230
- Risk: 1% of balance
*This Analysis is for educational purposes only and is not financial advise.
What we look for:
the upside prevails as long as 158.16 is support.
If trend will change:
the downside breakout of 158.16 would call for 157.51 and 157.12.
My entry details:
- Entry Level: 160.42
- Take Profit level: 161.250
- Take Profit level 2: 161.640
- Stop Loss level: 159.230
- Risk: 1% of balance
*This Analysis is for educational purposes only and is not financial advise.
