I am already long GBP/JPY as it crossed 200 EMA on Hourly chart.
ADX has moved above 30 as well - so I would add more as I see strength in this rally now.
Strong close below 200 EMA is trailing stop loss, or else any retract to 200 EMA is a buying opportunity.
ADX has moved above 30 as well - so I would add more as I see strength in this rally now.
Strong close below 200 EMA is trailing stop loss, or else any retract to 200 EMA is a buying opportunity.
Trade closed: target reached
Taking out 50% positions here with decent profits. Carrying remaining 50% with 20 EMA as trailing SL...
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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.