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Long

GBPJPY - Bullish Strength Amped to Continue

FX:GBPJPY   British Pound/Japanese Yen
329 7 14
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
Comment: Targets hit in one big swoop, nice trade
Trade closed: target reached
wow that was easy!
+1 Reply
Synapse tony12000
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
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
Can always reenter.
+1 Reply
Synapse IvanLabrie
Plenty of pips to go around :) Thanks for the comment, that made me smile.
+1 Reply
if it starts trending, we can take every consolidation/run stops.
Reply
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