Big breakout coming in GBPJPY

Panjang

Paun British / Yen Jepun (FX:GBPJPY)

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FX:GBPJPY Paun British / Yen Jepun

Trend Analysis Chart Patterns GBPJPY USDJPY GBPUSD

trendanalysis chartpattern gbpjpy usdjpy gbpusd

Long either on the breakout or handle formation. Odds of a breakout are high.

Komen:

Other interpretation:

snapshot

Either way, this is as legitimate as breakouts come.

Dagangan aktif:

Filled at 146.67

Dagangan ditutup: sasaran tercapai:

I am taking money off the table here for now. I have FULL intention of getting back in.

Position is up 430 pips overnight. We have a MAJOR WEEKLY breakout once today is over. My logic for profit taking here:

Short term resistance

snapshot

618 from recent peak to trough

snapshot

short term trend line break after the above two

snapshot

I will update re-rentry

Komen:

snapshot

Dagangan aktif:

Long again from 147.65. Took 1 whole month to re-renter long!

Komen:

Up 140 pips in 2 hours. No intention of selling the position anytime soon.

snapshot

Komen:

I suspect a launch higher will follow through. I am long.

Penafian

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