Long GBPJPY with an SBO play. 1h wedge break out entry, stop loss daily low's looking for a take profit at the daily high's
daily is still in a up trend, price tested the daily 50 and 20ema as well as a nice ascending trend line and forming a HL.
I like all JPY pairs possibly bearing bearish at this point.
There is the possibility of the double top but that was the only negative.
daily is still in a up trend, price tested the daily 50 and 20ema as well as a nice ascending trend line and forming a HL.
I like all JPY pairs possibly bearing bearish at this point.
There is the possibility of the double top but that was the only negative.