Bullish Flag on GBP/JPY @ H4

Lång

Brittiska pund/Japanska yen (FX:GBPJPY)

Uppdaterad

FX:GBPJPY Brittiska pund/Japanska yen

flagpattern chartpattern bullishflag chartpatterntrading breakout

A bullish flag has formed on the 4-hour chart of the GBP/JPY currency pair. It offers a buy breakout oppurtunity. The flag and its pole are shown with the yellow lines. My potential take-profit level is marked with the green line. My potential stop-loss level is marked with the red line. I will wait for a close reasonably above the upper border of the flag area to open a long position here.

Order avbruten:

I have cancelled this setup as the pattern is no longer valid.

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