Trades are like buses... Miss one? Catch the next! GBPJPY long
Updated
Greetings fellow traders!
Bullish Purge and Revert in progress in GBPJPY. The purging 1h candle's high is broken and we have the confirmation. Long till 197.630.
Adding to it, the market is in discount of the dealing range and as I've already pointed out, I'm bullish on JPY pairs. I expect the market to move to higher targets at 197.900 and 198.435. Still, the lowest hanging fruit at 197.630 is our objective.
Enjoy the weekends... Take rest and replenish your mental strength for the next week.
Disclaimer- All content is for educational purposes only and not trading advice.
Bullish Purge and Revert in progress in GBPJPY. The purging 1h candle's high is broken and we have the confirmation. Long till 197.630.
Adding to it, the market is in discount of the dealing range and as I've already pointed out, I'm bullish on JPY pairs. I expect the market to move to higher targets at 197.900 and 198.435. Still, the lowest hanging fruit at 197.630 is our objective.
Enjoy the weekends... Take rest and replenish your mental strength for the next week.
Disclaimer- All content is for educational purposes only and not trading advice.
Note
Expected point of entry. Not trading advice. Beware of the risks involved before taking any action.
Trade closed: stop reached
Though the market did move where it was expected to go, it didn't do so before stopping us out.
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