trungle83

GBPJPY H1 Long

Long
trungle83 Updated   
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY retested the support area (GAP zone)
I’ve entered a long trade anticipating that it to break the resistance zone and trend as this pair have been squeezed for some time. refer to:

Please note: There red alert news later today where I will be moving my SL to a tad above B/E to cover cost.

Comment:
Closed and banked 80% of the trade at 140.255 last night before bed.
SL was moved to B/E before news.
Price fell back to a minor support area.
It it falls to 138.893, I'll buy again.
Trade active:
Comment:
I have re-entered
Trade closed: stop reached:
Handed back 35% of previous winning.

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.