GBPJPY - LONG - FLAG PATTERN + RSI DIVERGENCE Long

British Pound/Japanese YenFXCM

Description

⋅ Mar 6, 2019 6:04 PM

After a bullish breakout of the decending channel, price has formed a nice textbook style flag pattern which will break towards the upside.

Target is based on next resistance which is a confluence with Fibonacci Retracement.

Order cancelled

⋅ Mar 8, 2019 12:33 AM

Order cancelled - no impulse break out of the flag therefore no trade