British Pound / Japanese Yen
Long
Updated

GBPJPY - Long Trade

52
The possible long position in GBPJPY now.

As mentioned in the previous idea, the price is retracted. It may reach the final Tp that we mentioned previously.

Please strictly follow the risk-management and confirmation for possible execution.

*Take Profit = 1.33560 or above
*Stop Loss = 1.3189


Risk Disclaimer: Any analysis or information is provided as general market commentary, and does not constitute investment advice. It is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make own independent investment decisions.
Note
I found an inverted head and shoulder in the daily chart. What do you think?

snapshot
Trade closed: stop reached
Sl hit with 50pips loss.
May find a better entry later for long position.

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.