GBPJPY Pulls Back After Breakout to the Upside
GBPJPY has broken out to the upside, one of the first JPY pairs to establish a clear upwards trend on the daily chart. Now, though, it has pulled back to the area it broke out from, and more over, candlesticks are showing signs of reversal there. As such, I've set an order to go long at 173.15, with my st op at 172.60 and my target profit at 175.25.
informedtrades.com
informedtrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.