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The808Trader

Pound over the Yen? - GBP/JPY Ichimoku Long Trade

Long
British Pound / Japanese Yen (FX:GBPJPY)  
The808Trader  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators GBPJPY gbpjpylong gbpjpyanalysis Bullish Patterns Ichimoku Cloud ichimokukinkohyo ichimokuforex the808trader
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trendanalysis chartpattern indicator gbpjpy gbpjpylong gbpjpyanalysis bullish ichimokuclouds ichimokukinkohyo ichimokuforex the808trader
With the strength we saw in the pound, we've now risen up to test a couple flat kumo resistance levels.

I am looking for a break up and through the kumo and beyond those levels for a chance to get long.

For my overall price target I've chosen a flat kumo level that lines up with a kumo twist.

I've drawn out partial profit levels on the way to that overall target as well. 

If we fail to break through the kumo or if our bullish confirmations change, this setup may become invalidated.
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