Buy/Long on Pound/Yen Correction Long

GBP/JPYOANDA

Description

⋅ Jan 15, 2021 6:42 AM

Reasons to Buy

1. Trend Line Support
2. Resistance Turned Support @ 141.20
3. 200 Period M.A Support
4. 1:2 Risk to Reward
5. Support Trend Line Test 4 Times Since 22nd December

Trade active

⋅ Jan 15, 2021 3:00 PM

Trade closed: stop reached

⋅ Jan 25, 2021 7:27 AM

Comments

musclemilk0075

⋅ Jan 15, 2021 10:38 AM

I am in agreement with you analysis. well done, great chart. Thanks so much for posting your ideas.