TradingView
TradeHuntFx
Sep 27, 2016 11:46 AM

GBPJPY - Reasons to Long? Excellent R:R Long

British Pound/Japanese YenFXCM

Description

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

More