GBPJPY: Buy breakout
The pair is inside a large corrective structure since the BREXIT impulse and is currently breaking out from a smaller degree corrective structure to the upside, we can aim for the top of the larger corrective structure and then look for a potential breakout which maybe possible to the upside giving a huge trade.
IMPORTANT: The setups posted here are not trade calls or signals and are intended for guidance purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy.
IMPORTANT: The setups posted here are not trade calls or signals and are intended for guidance purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy.
Penafian
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