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GBPJPY - MORE UPSIDE IS POSSIBLE

Paun British / Yen Jepun (FX:GBPJPY)  
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FX:GBPJPY   Paun British / Yen Jepun
Trend Analysis Chart Patterns Technical Indicators gbpjpylong
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trendanalysis chartpattern indicator gbpjpylong
Referring to the chart, we have seen a breakout of the trend line/breakout of bull flag on the daily TF, so there will be a continuation of the upside for GBPJPY.
This is what we call as a AB=CD formation.

Continue to add buy position for this pair till we complete the ab=cd.
Thank you!
Komen:
Pair has movement towards the upside, look out for retracement to 133.67 for a retracement entry upside towards the completion of the CD formation.
Komen:
trade moving nicely as plan. buy on any retracement for this pair.
Komen:
we should be reaching the TP soon for this pair. well done to those who have followed me on this trade idea. You would have made quite a huge chunk of pips! =)
Penafian

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