Rocketman

GBPJPY: Daily Trade Set-Up

Long
Rocketman Updated   
FX_IDC:GBPJPY   British Pound / Japanese Yen
8
I like the pullback to support. It is very clear.

(1) Choppy MACD suggests an impending break of the wedge.
(2) The currency Meter is against the trade.... This is not good; however, this is due to the way it pulled back. there are other bullish signs.
(3) The RSI has a bullish divergence...
(4) Past Resistance future support...
(5) Candle formation is currently bullish...
(6) Retracement of the Trump Rally...
Trade closed manually:
booked profit here
Comment:

Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
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