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lawlee9
Apr 24, 2019 6:05 AM

GBPJPY - Playing the channel Long

British Pound/Japanese YenFXCM

Description

Looks like price may be stuck in a channel.
Waiting for a long entry at 144.440 to around 146.640 to touch the top channel.
This should be the 5th move within the consolidating channel, and then break down to the down side from the top.

Comment

Price jumped back into the channel.
Target is still in play.

Comment

Let price fill the gap, and then buy

Comment

Bought at 142.275
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