Trader_97
Long

GOING LONG ON GBP/JPY [AGGRESSIVE ENTRY]

FX:GBPJPY   British Pound/Japanese Yen
150 4 5
G/J has broken out of T.L resistance from 14 th             of September.Price is pretty close to the demand zone .Trading inside a Descending Triangle . Price likely to continue trading inside the Triangle once it closes above the T.L resistance and confirms the breakout.Entry is slightly aggressive , still a 1:2 R/R trade....
Trade active: Running in 110+ pips ,Expected to stall around 133-133.24
very good analysis
Reply
Trader_97 waterman
Thanks
Reply
Another way to look at it.The rising Support T.L does provide a better Risk/Reward

Reply
Trader_97 Trader_97
snapshot
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out