alex.ofx

GBPJPY INTRADAY LONG (Textbook triangle formation)

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FX:GBPJPY   Paun British / Yen Jepun
2
Hi Traders,

GBPJPY looks good for a short term long trade.
Price is consolidation for a few hours now and is forming a textbook triangle formation.
YEN is predicted to be berish this week by analyst with addsto the fundamentals to this trade!

I will look to buy just above the break of the triangle for about 70 pips target and and 20 pip stop loss.
If it breaks below i will not be entering as it is against my bullish bias.

ENTRY: 131.80
TP: 132.56
SL: 131.60

All the best and trade safe guys.
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Dagangan aktif:
LETS GOO
Dagangan ditutup: hentian tercapai:
Small loss on this. Closed
Penafian

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