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Kyson
Jan 7, 2019 12:52 PM

GBPJPY LONG Long

GBP/JPYOANDA

Description

Trade had broke the resistance which then became the new support and then retested it. It since then started rising

I believe the trade will go up towards the trendline area, which I personally set take profit. The next decision happens from around that area whether it will break or respect.

If it breaks the trendline and closes above then I believe that it could possibly go higher to the next key area whereas if it respects the trendline it could just be a lower high and will drop after that point
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