【FX full-time trader cat’s Pound-Yen trade analysis 0626】
Entered based on the daily downtrend for GBP/JPY.
Daily
The bands are widening, and the middle band is turning downward as well. Looking forward to next week.
4-hour
At this point, it is 100 PIPS. I will take profit soon. Since the conditions of the N-Method squeeze were met, I entered in anticipation of an expansion.
Weekly
There is a gap between the upper shadow confirmed and the lower band, so it looks like it could target at least up to there.
Monthly
The upper shadow is a bearish candlestick confirmation. Looking forward to next month. It will take a considerable amount of time to determine whether it will be comparable to the Lehman Brothers crisis.
This is a race against time... Can we fight it?
[Limited to those seriously aiming to become full-time traders] Here is the N-Method that has repeatedly produced 300 PIPS and 800 PIPS↓↓
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