motleifaul
Short

The Land of the Rising Yen

FX:GBPJPY   British Pound / Japanese Yen
207 3 0
We re stil in an uptrend of the GBP. So the downward side is always a bit risky. But I think we could try for a test of the the mdian line of the pitchfork . Will it be October 4th whe pitchfork and Gann line will cross?
Do you think it is better to keep long but how what would be the support levels to protect the position?
and what is the target for the long?
Reply
motleifaul thamer84
I am not long. But wwithout any obligation I would say, why not hold it? Can you see the upward trend? The support is around 156. And the target? Find it out!
I wouln't expect to much as the momentum of the rise became rather small in the past days.
Reply
The pair didn't move very much. I close the position now and turn it to long.
Reply
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