Ciba
Long

Hold LONG, tight STOP

FX:GBPJPY   British Pound/Japanese Yen
87 1 1
Holding LONG since 169, will not TAKE PROFIT for the following reasons:

1) Since today's opening, I've been looking for a BEARISH ENGULFING on the 15M chart. No avail and it's getting close to my shutting down for the evening.
2) GBPJPY             crossed a seemingly long term ongoing threshold around 170.1-170.4 (Flat Blue Dotted Line)
3) Following Danske Bank, they've revised their SL to a TP at 170.1, with a revised target of 172.8ish (Looks like they're aiming for a Cup and Handle pattern - I'm joking - I don't know what they're going for, see earlier postings)(But I generally follow their general direction).
4) GBP has been having positive data, waiting for some housing data in 45min. Tuesday's PMI may provide a ST             SHORT.

Hold LONG or go LONG with tight SL/TP. Look for ENGULFING BEARISH candles on the 15M near capping Blue lines to TAKE PROFIT. Aiming for 172.8 or 173.
Ciba
2 years ago
I should have also said, in the alternative upon a ENGULFING BEARISH candle, go SHORT aiming for 170.1-170.4
Reply
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 Billing Sign Out