kaderfx

Looking To Go Long On GBPJPY

Long
FX:GBPJPY   British Pound / Japanese Yen
Hello Traders,

Looking to go long on this pair. As you can see there is a triangle formation being formed. I will look for a buy conformation on D1. On the H4 charts, there is to reversal candles indicating a reversal trend to the upside. For this trade I plan on compounding, I will trail my stop below TP 1. I would like to see a trend continuation by breaking TP 1/Resistance.
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