GBPJPY INTRADAY LONG (Textbook triangle formation)
Updated
Hi Traders,
GBPJPY looks good for a short term long trade.
Price is consolidation for a few hours now and is forming a textbook triangle formation.
YEN is predicted to be berish this week by analyst with addsto the fundamentals to this trade!
I will look to buy just above the break of the triangle for about 70 pips target and and 20 pip stop loss.
If it breaks below i will not be entering as it is against my bullish bias.
ENTRY: 131.80
TP: 132.56
SL: 131.60
All the best and trade safe guys.
Please give this idea a like if you share the same view.
Follow me to show your support! I will genuinely appreciate it!
GBPJPY looks good for a short term long trade.
Price is consolidation for a few hours now and is forming a textbook triangle formation.
YEN is predicted to be berish this week by analyst with addsto the fundamentals to this trade!
I will look to buy just above the break of the triangle for about 70 pips target and and 20 pip stop loss.
If it breaks below i will not be entering as it is against my bullish bias.
ENTRY: 131.80
TP: 132.56
SL: 131.60
All the best and trade safe guys.
Please give this idea a like if you share the same view.
Follow me to show your support! I will genuinely appreciate it!
Trade active
LETS GOOTrade closed: stop reached
Small loss on this. Closed
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