forexnick

Long GBPJPY due to break in downward channel

Long
forexnick Updated   
FX:GBPJPY   British Pound / Japanese Yen
The time has come! It's SUNDAY FUNDAY and who's ready to start this week off strong!?! Just seeing GJ break out of it's channel and figured I would drop you guys a free signal and my personal take on the analysis! It appears to have been ranging for a little while and should make a push up to the next resistance, aka our take profit!

Entry 141.800-142.000
SL: 141.410
TP: 143.020


Enjoy guys, thank you so much and good luck! Remember proper risk management, most of my trades are much greater than 2:1 RR so your chances of making positive money are always in your favor!
Comment:
Huge 50 pip rip upwards that soon after hit my trailing stop. We'll take another look tonight.

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