Saoldric
Long

GBPJPY upwards channel and triangle

FX:GBPJPY   British Pound/Japanese Yen
41 0 0
Bullish: trending up(strongly and good fundies for it), this type of triangle usually breaks to the upside, bottom of the range of a upwards channel.

Bearish: Daily MACD looks to be rolling over so a push down to correct the current bullish state might happen soon.

all in all, this trade has a good R:R... if i get stopped out and the trade continues in anticipated direction i may re-enter.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out