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EliteTrader101

GBPJPY tricks early longs and getting ready to explode

Long
British Pound / Japanese Yen (FX:GBPJPY)  
EliteTrader101  
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY LONG
1
4
gbpjpy long
I was biased long all day because of the daily Morning star pattern, but I got stopped out with a sharp reversal. Now that I'm stopped out I know that it ready to explode to new highs! Longs were in maximum pain earlier today. You can see on the weekly that it's been accepting higher levels of balance before breaking out each time.

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