TRADE OF THE WEEK | Trend-Following Trading in Action đź’°

snapshot

Hey traders,

GBPJPY is trading in a long-term bullish trend.
Higher lows are perfectly respecting a rising trend line on 1H.

Once the trend line was tested I was looking for a confirmation to buy the pair.
My confirmation was a double bottom formation.
I bought the market on a retest of its broken neckline.

GBPJPY: Trend Line & Bullish Continuation 🇬🇧🇯🇵


Then the market started to grow sharply!
I managed to catch a very nice winner with a trailing stop.

Did you manage to catch that move?

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

Economic CyclesGBPJPYjapaneseyenpoundsignalsignalprovidersignalssignalservicesignalsproviderSupport and ResistanceTrend Lines

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