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.
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