Long bias on GBPJPY based on the following
1. daily hammer at monthly support 136.0 with confluence of weekly upward trendline.
2. tweezer bottoms/bullish engulfing at 136.0 on 4hr timeframe
3. at 2hr timeframe inner trendline broken by bullish engulfing.
3. entry @ 136.33 to target 137.42 and 138.16. SL @ 135.22
1. daily hammer at monthly support 136.0 with confluence of weekly upward trendline.
2. tweezer bottoms/bullish engulfing at 136.0 on 4hr timeframe
3. at 2hr timeframe inner trendline broken by bullish engulfing.
3. entry @ 136.33 to target 137.42 and 138.16. SL @ 135.22
Trade closed manually:
closed at 137.54