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UnknownUnicorn180388

GBP.JPY - Long Breakout Opportunity

British Pound / Japanese Yen (FX:GBPJPY)  
UnknownUnicorn180388 Updated   
FX:GBPJPY   British Pound / Japanese Yen
ukforexsignals LONG buy Bullish Patterns GBPJPY gbpjpylong
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ukforexsignals long buy bullish gbpjpy gbpjpylong
The GBP.JPY is 1 of 5 currency pairs on this evenings watchlist.
Once my entry criteria has been met we will set a pending order and await a clear break.
Comment:
Pending order now in place.
Comment:
Price finding some indecision at the 4hr EMA and 141.00 even handle
Comment:
A strong breakout and a long entry if it fits your rules.
Comment:
If you have a 2:1 RR strategy then you should have now covered your positon
Comment:
A pullback to 142.00 is expected prior to another push higher.
Comment:
We got a 142.00 pullback, now i expect price to retest the 144.00 handle.
Trade closed: target reached
Comment:
Although my target has been attained, i thought i would update for those still in the position.
We are now starting to see bearish RSI divergence so a resistance level could form very soon.

snapshot
Comment:
Building the perfect high probability positions.

EUR.GBP - The Perfect High Probability Positions
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