cinthiamfx

Resons to long GBPJPY

Long
cinthiamfx Updated   
FX:GBPJPY   British Pound / Japanese Yen
20
Ok, this is my first post so, I hope I'm right on this hahaha
here are the reasons as you can see on the chart:

1) Shark Bullish Pattern
2) Double Bottoms
3) CCI Divergence
4) It's really oversold
5)i It hit the tip of the last of Arnaud Legoux bands

ps: because it 's on a downtrend, it's a risky one!

indicators: Shark pattern, RSI, Woodie's CCI and Arnaud Legoux Moving Average Bands MTF V3

Comment:
TP1: 155.85
TP2: 157.30
Trade closed: stop reached:
Well, I tried! hahaha
I hope I get the next one right! :D
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