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bat_catcher

Buy on 0.618 fib and 20 MA

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
bat_catcher Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis
2
2
trendanalysis
I keep thinking this is going to retrace move as we're quite far from 50 MA on daily, but still going strong.

Just bounced off 20 MA and also 0.618 fib level so pretty sound buy.
Comment:
Nope. Break of structure. Finally likely to retrace. Shooting star forming on daily.
Comment:
Don't you just hate it when you were right the first time...
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