TradeHuntFx

GBPJPY - Reasons to Long? Excellent R:R

Long
TradeHuntFx Updated   
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY looks to be starting Wave E in a triangular corrective structure. As well as forming a triple bottom, we see an inverted hammer forming on the daily. ....a break of the trendline on the lower trendline would give us cause to enter on a re test. If you trading plan dictates you to take the trade now, please lower lot size. Risk and money management is everything
Trade active

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.