GBP/JPY is starting an uptrend on the strength of the pound recently.
A retracement and pull away has happened in the fib zone and previous SR
Would like to see it cross the white line before going long.
Volume on the lower TF supports strength at cheaper prices.
A retracement and pull away has happened in the fib zone and previous SR
Would like to see it cross the white line before going long.
Volume on the lower TF supports strength at cheaper prices.
Trade active:
Entry was at 141.300
Comment:
taking some profits here at +35
Trade closed manually:
Closing the rest of my position here at +55
It may go higher, but I saw some weakness come in and this leg up is symmetrical to the last. May re-enter, will re-analyze.
It may go higher, but I saw some weakness come in and this leg up is symmetrical to the last. May re-enter, will re-analyze.