British Pound / Japanese Yen
Long
Updated

GBPJPY : TRADE IDEA

357
Cup and handle chart pattern

I like to see 193.502 breakout from the previous high and then retracement before entering the market.

**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal**

Thanks a lot for your support
Note
update

snapshot
Trade active
update

snapshot
Note
update

snapshot

For gbpjpy, I guess price to make a lower high on the weekly chart after missing the entry level before climbing... A rejection from 197.909 might take the gbpjpy down 181.029 and a new lower low.

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.