dewpoint

GBP-JPY Daily. Gap Noticed - See chart

dewpoint Updated   
FX:GBPJPY   British Pound / Japanese Yen
4
14/01/2017.

Hello All

I am currently looking for a long entry position, but will wait to see if it can close above the 141.565 on 2 consecutive days.

I had earlier looked for a retracement back to the 149.500 - 149.600.

I have since been reviewing the chart using the M; W; D; 4H; 1H, and just noticed that we have a June gap on the daily, highlighted in lime green.

I am going to look for this gap to be filled at 150.879 (price based on TV chart), so how will i trade this going forward?

I will start scaling in on the short side at the 150.500, then at the 150.800, then at 151.500 - if it gets there.
Trade active:
Hello All
With the move on Tuesday, I've now opened up on the long side, scaling in at- 1st entry at 139.61, an another at 141.32.
Will look to add to these positions once we can close above the 141.56 hopefully today, and tmorrow.
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