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ScottMescudiForex

GBPJPY : RHYMES

Long
British Pound / Japanese Yen (FX_IDC:GBPJPY)  
ScottMescudiForex Updated   
FX_IDC:GBPJPY   British Pound / Japanese Yen
Trend Analysis Technical Indicators Beyond Technical Analysis GBPJPY gbjpybuy gbpjpylong gbpjpyanalysis gbpjpyforecast
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Hi traders,

I will keep this simple.

  • GBP MAKING BULL PUSH AGAINSTS ALL OTHER PAIRS
  • IN CHART ABOVE, PRICE FINNALY BROKE UPWARD FROM THAT NASTY RESISTANCE
  • STILL IN THAT NICE UPTREND CHANNEL
  • MACD & RSI BOTH SHOWING BULL SENTIMENT

For these reasons, here's what I'm thinking :

GBPJPY LONG
ENTRY : 154.186
SL : 153.288
TP : 160.170

Trade safe!

Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.

Comment:
snapshot

Analysis shared before.
Comment:
My bad on the chart, I inversed the TP & SL.

I corrected it in the comments!
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