British Pound / Japanese Yen
Updated

GBP/JPY ON A BULLISH TRENDLINE

61
https://www.tradingview.com/x/jPfjfTAo/

Significant moves are at bay depending on how price reacts to the trendline. Watch closely.
Note
snapshot
Note
snapshot

Watch out for signs of a breakout or continuation in lower t.f especially the 4 hr, 2 hr and 1 hr.
Note
snapshot

The triangle support were breached but price has find a new support as highlighted. If this is breached it will be my sell entry.
Trade active
snapshot
Note
Position is active. If my stop loss is taken out I will wait for the retracement toward the support just were price is currently at for bullish entry.
Trade closed: stop reached
snapshot

I have been taken out of my position

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.