jimmy_highwire
Long

GJ,... bull flag ending?

FX:GBPJPY   British Pound/Japanese Yen
96 2 5
i will take a long position on exiting the blue channel to the upside,
target green tl for a couple of 100 pips eventually
sl will be inside blue channel
What makes you go long here? Could you please explain?
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jimmy_highwire AlexWasHere
not long yet ;-)...... the blue channel looks as a bull flag to me , some would even say it is a cup and handle in the making
when GJ comes out of the blue channel to the upside i will take position
hope that is a satisfying answer ;-)
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