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Long

GBPJPY - Bullish Strength Amped to Continue

FX:GBPJPY   British Pound/Japanese Yen
329 7 14
a year ago
Greetings Fellow Traders,

After much anticipated consolidation and redefining the bullish strength of the current move.

Wait for the current consolidation to be confirmed to be broken on the 1 hour chart and prepare for the next move higher. Ultimately I am still looking for a move back to the 173-175 area and this very well could take us most of the way there.

Feel free to comment/like/follow
a year ago
Comment: Targets hit in one big swoop, nice trade
a year ago
Trade closed: target reached
tony12000
a year ago
wow that was easy!
+1 Reply
Synapse tony12000
a year ago
They don't always look like that, but yep :) Grats
Reply
Nice indeed, but fundamentals are still good, might want to consider staying or continuing to reach the 175+
+1 Reply
Synapse GeneraldisastersInc
a year ago
Thanks for commenting GeneraldisastersInc! unfortunately I'm already out of my trade! :) I took a scalp position that earned an additional 100 pips for those that trade with me...I outlined the details of that trade here, 1 minute chart:
snapshot
Reply
IvanLabrie PRO GeneraldisastersInc
a year ago
Can always reenter.
+1 Reply
Synapse IvanLabrie
a year ago
Plenty of pips to go around :) Thanks for the comment, that made me smile.
+1 Reply
IvanLabrie PRO Synapse
a year ago
if it starts trending, we can take every consolidation/run stops.
Reply
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