British Pound / Japanese Yen
Long
Updated

GBPJPY 4H

216
Missed my long opportunity last night on this pair, but another potential chance to enter presents itself here. Waiting for a break of the counter trend line & retest to the 50 fib to go long.. Might be a go once the London session takes place!
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Weekly: snapshot
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drop a like if you agree, or comment :)
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this trade has a potential of a long term setup, if my setup validates id recommend opening 2 positions (Risk management) on your account closing one once hitting resistance & holding the other for a potential of 300+ pips
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no clear breakout yet. Will wait on this one
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setup valid again, came back down to test support again last night, now broke its counter trend line & retested. Price is currently under the 50 fib.. Im expecting a break of that & more upside to come
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wait for a candle close above 149.00. Hammer candle forming to support on the daily, great extra confirmation to have !

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