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British Pound / Japanese Yen
Long
Updated

GBPJPY:Waiting for a breakthrough - Ratio(1:3.05)

60
# Execute trading strategy #

Wait for the general election , make a breakthrough

BUY : 141.47
STOP : 139.00
TARGET 1 : 143.55
TARGET 2 : 146.50
TARGET 3 : 148.87
Note
Testing resistance level
snapshot
Note
Upward breakthrough
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Note
On December 12, Britain will hold the lower house of Parliament Election.The market is waiting for results.
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If the election results are good, the pound will continue to be strong.
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If the election results are bad, then risk aversion is rising, the yen is up and the pound is down.
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Moderate focus, or lower position.
Trade closed: target reached
TARGET 1 : 143.55
TARGET 2 : 146.50
The targets has been achieved.
snapshot
KELLEN
Fundamental AnalysisGBPJPYLONGMoving AveragesWedge

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.
Fundamental AnalysisGBPJPYLONGMoving AveragesWedge
KELLEN

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.