26th of March 2021 Identify, plan and trade: It's important | Blueberry Markets

26th of March 2021

Identify, plan and trade:

It's important when looking for a trade to follow a strict plan.

IDENTIFY: We have identified GBPJPY in line with our trend strategy.

PLAN: GBPJPY could continue the downtrend if the price re-test the previous swing lows as well as the high-volume level.

TRADE: We will place a SELL LIMIT order at the key level with stops above the highs. If this trade does not trigger by the end of the trading day cancel the order.