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ScholarGC
Dec 28, 2017 4:10 PM

GBPJPY Long Long

British Pound/Japanese YenFXCM

Description

GBPJPY Long Entry. GJ is currently Consolidating In and Around the Ascending Trendline Region. Great Retest from this Area as seen by 4H Candle Wick Movements. The Uppermost Box proves to be a Key Area of Resistance, however, Higher Timeframes Moving Averages are Bullish. Ideally, a 1H candle Close above a 6EMA would indicate bullish momentum, stops placed below Prev Daily Lows.FX:GBPJPY
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