Closed GBPUSD @ + 52 pips, because we were expecting a reversal to correct the price.
We looked at the CADJPY for a potential reversal trade, but the price failed to offer us an entry. The GBPUSD eventually broke the valid pullback level, creating a structure that will determine what we are going to do next. The USDJPY is in a downtrend. We have seen the price make the 3rd cycle down. The next expectation is a discount. A bullish reversal before the next wave of selling can be expected.
We looked at the CADJPY for a potential reversal trade, but the price failed to offer us an entry. The GBPUSD eventually broke the valid pullback level, creating a structure that will determine what we are going to do next. The USDJPY is in a downtrend. We have seen the price make the 3rd cycle down. The next expectation is a discount. A bullish reversal before the next wave of selling can be expected.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.