ArchimedesCapital

GBPJPY Short term intraday LONG opportunity.

ArchimedesCapital Updated   
FX:GBPJPY   British Pound / Japanese Yen
Once again the same playstyle as with GBPUSD that was just posted. We want to see a deeper push, on a good local level. We have widened our stoploss to include the floating EMA if we react from that. The pivot point that grabbed liquidity will hopefully now act as a fresh level of support that you can grab movements upwards.
Trade closed manually: Unfortunately we expected a pullback that didn't get reached. Have to cancel it after the miss.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.