piphunters
Long

GBPJPY: Look for breakout

FX:GBPJPY   British Pound/Japanese Yen
1781 25 49
The long term down trend is going to be tested now and it is looking very likely we get a break above giving us a very nice opportunity to go long on the pair.
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Comment: broke to upside very decisively
Comment:
snapshot
Comment: buy the next breakout
I have my trend line slightly higher but I agree it looks very near to breaking out
+1 Reply
piphunters CryptoFactor
trend line just for visual guidance purpose :) we'll see either during Asian session or London session tomorrow if it breaks
+1 Reply
Are you looking to Buy the breakout, if it does or are you looking to Buy after the breakout?
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I would buy only after a break is confirmed to me, if it doesn't break then it still would be a good sell too
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cleven1215 piphunters
It would at least hit 158.40 before getting back down.
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Still a downtrend for me, but do looks like a short term double bottom and possible breakout. Good luck friend.
+2 Reply
piphunters Piet.Hein
let's see
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didn't notice this. thanks
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look for a possible sell setup
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piphunters Wave-Trader
looks very possible now
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yes you are right looks very possible i was already expecting short from this level bro way before price come close to this level
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Wave-Trader PRO Wave-Trader
snapshot
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I don't think so that it can breaks the down trend this time. I m expecting one more downside
snapshot
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piphunters Zohaib_Malik
yes possible
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looks like a pullback and continuation lower from higher timeframes...
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TayBorWei marcus123
so will it be ?
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TayBorWei marcus123
where it will be * sry key wrong
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As far as I know, we are not beaking out. This bullish trend is exhausted.
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good morning.
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will go up to level 160.100 today??????????
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Well is crossing the trend acording with your forecast Sr.
+1 Reply
Is this the time to re-enter again.. pull back and testing the trend line..
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piphunters christom
don't think so, I would wait, this setup has expired now
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