GBPJPY 4Hrs Trend breakout +1K PIP from a strong support
Updated
GBPJPY
Timeframe: 4Hrs
Long Swing Trading Position
Initial Take Profit : 167.74
TP2: 168.42
SL: 164.0 (back to the tunnel)
The pair was in a bearish tunnel for almost 3 months, but that tunnel has broken up on 6th September around a price of 164.22, which will eventually start a long bullish trend/tunnel while MACD and stochastic indicators are up ↑.
This is my first public idea to publish. I would be grateful to get your feedback if you liked the idea or not ^_^
↝✔
Esteem your Analysis and seek improvements ⌁
✽
AbdullahTech ♾
Timeframe: 4Hrs
Long Swing Trading Position
Initial Take Profit : 167.74
TP2: 168.42
SL: 164.0 (back to the tunnel)
The pair was in a bearish tunnel for almost 3 months, but that tunnel has broken up on 6th September around a price of 164.22, which will eventually start a long bullish trend/tunnel while MACD and stochastic indicators are up ↑.
This is my first public idea to publish. I would be grateful to get your feedback if you liked the idea or not ^_^
↝✔
Esteem your Analysis and seek improvements ⌁
✽
AbdullahTech ♾
Note
Around 2,000 PIP reached at around 167.800 then dropped down too fast in the same hour at 12:00 last Tuesday 🥳↝✔
Keep an eye on the next price journey ;)
Trade closed: target reached
AbdullahTech
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