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British Pound / Japanese Yen
Long

GBPJPY - Peter Kani "Long"

By peterkani
Updated
..see Price Label on Charts are TP2, TP3, TP4 accordingly. TP1 @ 146.73, Entry -146.22
Comment
Stop loss for this trade is now set @ 145.16, we are roughly around -70 pips atm.

New Position executed at 145.50, with same SL as above to Target 146.27 as TP1, reactions around this TP1 level will determine if to hold Longs or not.
Comment
Taken out both positions, not good!
Comment
Update! Price Action has turned out to be a beautiful Stop and Reverse scenario which was missed and not taken. Serious potential for Bears looking for 142, then 138.xx, maybe 135. More updates including Entries etc to follow.
Trend Analysis

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