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A sideways consolidation or better known as pennant has formed on GBPJPY . A breakout of either side will usually confirm the direction of the market expansion.
An aggressive trader will usually wait for a break and close above or below the pennant to... moreA sideways consolidation or better known as pennant has formed on GBPJPY . A breakout of either side will usually confirm the direction of the market expansion.
An aggressive trader will usually wait for a break and close above or below the pennant to chase the move of the market.
A conservative trader will then wait for the retracement to engage the trade of the confirmed direction, which are you?
Bored with your job, but feel you have no option because it pays the bills? No work-life balance and barely any time to do the things you truly love?
Well I’m Rayn, and in the past I used to work the 9-5 just like many of you. My head of department instructed me to slow down my pace if there wasn’t any other work for me to do. Just so the entire department wouldn’t look bad.
Well that’s experience I got working at a Japanese MNC based in Singapore. That was the first realization I had that the 9-5 grind was not for me.
These days, the way I trade, I spend about 30 minutes a day in front of my computer.
Join me at our 3-hour live workshop, happening this month 5th September Thursday in Singapore at 7pm.
A complimentary E-book will also be sent to all participants.
https://www.facebook.com/events/3054676877939108/ />
Next Wednesday, 4th September 18:08pm – 20:00 (+8 GMT) I will be going through 12 currency pairs on out weekly midweek analysis. Like our Facebook page to be notified when we go live.
https://www.facebook.com/forex100.org />
Share our post so more traders can benefit from our analysis and comment one thing you liked about the analysis.
Your support is always greatly appreciated.
Live Chart:
https://www.tradingview.com/chart/GBPJPY/MUysrgmK-Trade-Ideas-Educator-GBPJPY-Pennant/ />
#askForex100 #GBPJPY #sidewaysconsolidation #sideways #Pennant #Forex #Trading #ForexTrading #LearnForex #ForexCoach #ForexSchool less
A sideways consolidation or better known as pennant has formed on GBPJPY . A breakout of either side will usually confirm the direction of the market expansion.
An aggressive trader will usually wait for a break and close above or below the pennant to ch
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