Get started
Arys-Capital

Buying from this trendline support

Long
British Pound / Japanese Yen (ICMARKETS:GBPJPY)  
Arys-Capital Updated   
ICMARKETS:GBPJPY   British Pound / Japanese Yen
Chart Patterns Trend Analysis
9
2
chartpattern trendanalysis
Targeting atleast 50% retracement from swing that broke structure.
Comment:
snapshot

market shifts to bullish gears
Comment:
I just noticed the price reacted at the weekly OB also. Coincidently it was a 50% pullback from 191.4 Swing High & 185.2 Swing low. Interesting I only noticed this weekly OB and 50% retracementpoint just now.
There was a trendline(4hchart) and I thought it was enough as a support/reversal point and did not make a much further in-depth analysis.

snapshot
Comment:
Scenario 2 in play
[In depth Analysis] GBPJPY strategy.
Trade closed: target reached:
Comment:
Idea went better than expected! 50% retracement target reached

snapshot

Related Ideas

Arys-Capital
Yen reversal. Market shifts to bearish gears
Arys-Capital
CADJPY Longs. Supply Zone reached
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.