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UnknownUnicorn393254

GBPJPY: Inside Bar Breakout 4-2-2022

Long
British Pound / Japanese Yen (FX:GBPJPY)  
UnknownUnicorn393254  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Support and Resistance Candlestick Analysis GBPJPY gbpjpylong sterling yen cable britishpound sterlingyen Inside Bar dailychart
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trendanalysis supportandresistance candlestick gbpjpy gbpjpylong sterling yen cable britishpound sterlingyen insidebar dailychart
GBPJPY – SPOT

GBPJPY: Inside Bar Breakout 4-2-2022

Price Action: Price exploded higher from the Inside Bar Breakout Pattern that had formed, earlier this week (We suggested buying the breakout above that pattern in the February 2nd LTTTM Newsletter).

The recent Bearish Fakey Setup, failed (We did not consider trading this setup and hopefully saved some of you on this market).

Potential Trade Idea: We are still considering buying if price pulls back to the current Inside Bar Breakout area.
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