Keep it Simple
Updated
GBP/JPY has been climbing well since it doubled bottomed in Aug 2019 at the 127.50ish level. The buying is a the institutional level - WE KNOW STOCKS ARE GOING HIGHER negative interest around the world will be a catalyst for this. For now im long the break out simple #RECTANGLE pattern targeting 142.30 stop loss below #200SMA.
Comment if you find this simplicity useful.
Comment if you find this simplicity useful.
Note
Price approaching our targets...Keep it simple TA is not woo woo or anything magical there are no guarantees with TA - All TA allows me to do is visualize my risk to potential rewards and that's exciting for me.
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