GBPJPY Long Day Trade
I a looking for a break and retest buy on GJ. GJ is known for not retesting after it breaks out of consolidation but this is a potential opportunity for a easy 50 pip trade.
Note
Price played out dang near perfectly and found entry off a .50 fibonacci retracement on the 1hr and the top wick at 138.636. Take partials, SL Breakeven and ride to 139.200.
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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.