Hello,
The previous GBPJPY failed as the resistance level of 147-148 got broken through and now it looks like it has become support for the long trend. this level got tested three times in two weeks
Now, we are looking to entering a three long small positions at 148.6
SL: 146.8 180pips
TP:
150.9 - 220pips
152.6 - 400pips
159.6 - 1100pips
pateince pays, happy trading
The previous GBPJPY failed as the resistance level of 147-148 got broken through and now it looks like it has become support for the long trend. this level got tested three times in two weeks
Now, we are looking to entering a three long small positions at 148.6
SL: 146.8 180pips
TP:
150.9 - 220pips
152.6 - 400pips
159.6 - 1100pips
pateince pays, happy trading
Comment:
Target 1 hit, see if we can break the stubborn 150 level and sit on top of that
Trade closed manually