FX:GBPJPY   British Pound / Japanese Yen
Price has not gone above 100 sma for several bars
Price between 50 sma and 100 sma

Long Trade
Price stays above 50 sma
Buy Stop @ 145.15
Buy Take Profit at 800 sma
SL below 50 sma

Short Trade
Price falls below 50 sma with a candle close
Sell Stop @ 144.45
Sell Take Profit @ 143.35
SL above 50 sma

Watch Macd for direction





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