British Pound / Japanese YenUpdated GBPJPY appearing bullish on 4H
A possible bullish opportunity on GBPJPY presents itself from Feb trendline. The confluence created by the horizontal support line gives added confirmation about the possible bullish rally.The bullish sentiment may be negated by the breakout and significant close below the trendline.
Entry: 150.669
Stoploss: 150.508 - 150.007
Take Profit level: 153.768
Take care.
Entry: 150.669
Stoploss: 150.508 - 150.007
Take Profit level: 153.768
Take care.
Note
Move stoploss to break even. Price moved over 170 pips from entry already!Note
Price is re-testing the previously broken support level around 152.075. Hopefully price may break-through towards our target at 153.768Note
Trade would have been closed at break-even. :)
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