ApexFX_Pro

Inbox me your mobile number ;p

Long
FX:GBPJPY   British Pound / Japanese Yen
If you got on my last trade idea for GJ then well done, inbox me your number so we can arrange for you to take me out for that drink ;p

We can see price rallied through our support zone as we mentioned in our previous post, we can now see price having a pullback and making a bullish run up to this same zone again but this time using it as resistance and bouncing off to make more bearish movement.

Depending on where price opens at market open we will be jumping on this trade, last weekend the markets were crazy and opened with some mad market gaps ( thanks to Donald Trump ) This behaviour would have wiped loads of peoples accounts because if you hold a trade over the weekend and the market jumps then your SL becomes invalid... but you knew that already rite ;p

So go long, but use correct risk management.
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.