British Pound / Japanese YenUpdated GBPJPY (IDEA)
If the exchange happens to
re-test or retrace and make a Higher Low, I'd be looking to go long.
I understand price is currently under the EMA, but looking at the weekly & daily for confluence, price has tested a major level of support. So I'd assume based on previous exhaustions of price, this is a potential reversal point for GBPJPY.
re-test or retrace and make a Higher Low, I'd be looking to go long.
I understand price is currently under the EMA, but looking at the weekly & daily for confluence, price has tested a major level of support. So I'd assume based on previous exhaustions of price, this is a potential reversal point for GBPJPY.
Trade closed: target reached
(Journal) Retested and closed in profit overall.Trade closed: target reached
TP 2 @ 130.000- 160 pips SECURED
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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.