emiltw

GBPJPY wait for breakout or retrace.

emiltw Updated   
FX:GBPJPY   British Pound / Japanese Yen
Currently the Pound Yen are in 61.8% pullback and also in the bearish channel.

If the Pound Yen are able to break this trend line, we are going to Long this pair to the major 61.8% retracement of previous ABCD pattern.

If not able to break and form reversal signal, I'll aim back to its support level.
Order cancelled:
No breakout, the price continue to go sideway. Trade is cancelled

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