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Wickfill

GBP JPY - long smaller time frameHello analysts and traders, We have an end of monthly candle close this week - price will look to close a bullish monthly close which is perfect. September will be an interesting month. Our trade is still running - but will test the wick at 141.6XX area. On the smaller time frames 141 hurdle is still showing a good area where an engulfing on the 15min showed a good promise to add a position. A smaller time frame entry is the 30min candle close - price can show an opportunity for price to discount itself. Be aware of the UK bank holiday - however trading can still commence. For us personally only a small entry was taken - 140.96 - but has enough movement to wick fill. Enjoy the end of month. More analysis to come in a pivotal month of September. Thanks for following us and liking our analysis. Team Lupa.
Long
by LupaCapital