livetotradefx
Long

GBPJPY Bullish Pinbar On Support Level

FX:GBPJPY   British Pound / Japanese Yen
Hello Traders!

It's Wednesday today, the last day of the month for January. While I was scanning the charts this morning upon the list of the currency pairs that I'm trading, I saw a possible long trade entry in the GBPJPY             pair. As you can see from the chart below, it's evidently clear that this market is in an obvious uptrend since September of 2016 successfully breaking previous resistance and making higher highs. As of today, we've got a nice Bullish Pin bar or Bullish hammer keeping the price buoyant to that support level around 152.72. Together with the uptrend momentum, a possible thrust to upside is anticipated for the next trading days.

For now, my buy limit entry is a little bit being left behind as I was hoping for small pullback with a tight stop loss.

Thanks for reading. Will update this currency pair soon.

To know more about price action trading setup, kindly visit my site:
https://livetotradefx.blogspot.com/2018/01/gbpjpy-bullish-pin-bar-at-support.html

Cheers!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out