VasilyTrader

trading plan for pound yen

Long
VasilyTrader Updated   
FX:GBPJPY   British Pound / Japanese Yen

hey guys,

happy weekend!
this Saturday I want to share with you my trading plan on pound yen pair.

the market has recently approached 141 level.
Looking left we see that this level is very significant for the market participants.

Now the market is coiling in a bullish flag pattern.
Touching this level again we see a decent pullback.

I will be looking for a bullish breakout of this flag to buy the market.

Looking left we can identify the most important levels of resistance for targets.

good luck!
Comment:
we see an attempt to break the flag
Comment:
close to a t1

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