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British Pound / Japanese Yen
Long
Updated

GBP/JPY 4 HOUR CHART

51
snapshotSo, GJ has hit my resistance but, support lies at 148.953. It has entered into the channel and is looking to break resistance and current trend line. A break of that would send GJ to my first TP which is 151.154 and a break above that could send GJ to next level of resistance, which I have that at 154.857.

It is also trading above my ema's, which for me, still indicates a bullish signal. We shall see!

Note
Trade closed Manually. I was ready to close out however, I think my TP would have hit.
shanicej856
Chart PatternsTechnical IndicatorsTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTechnical IndicatorsTrend Analysis
shanicej856

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.