The 15min chart shows that the GBPJPY has been in a range bound for over 8 hours now and been able to spot the range (137.64 to 136.95), THe 4hr charge set of a SELL PRESSURE and I can see negative divergence on 15min chart. So a close below the lower range MAY lead to a sell for about 80pips and stoploss should not be more than 80pips.
No comments:
Post a Comment