Long GBPJPY with positive momentum on weekly and with pulse fired. Resistance at EMA21, daily, which was targeted yesterday and the day before.
Uptrend is strong with ADX > 20 on daily.
I'm taking quarterly profits @ 1:1, 2:1, 5:1 and 10:1 with increasing stop loss if targets are reached.
Stop Loss @ 145,161 (10 pips below most recent low). Increase S/L to Break Even if 2:1 is reached.
Uptrend is strong with ADX > 20 on daily.
I'm taking quarterly profits @ 1:1, 2:1, 5:1 and 10:1 with increasing stop loss if targets are reached.
Stop Loss @ 145,161 (10 pips below most recent low). Increase S/L to Break Even if 2:1 is reached.
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.
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.