POTENTIAL BUY TRADE ON GBPJPY- BREAK AND RETEST OF TREND LINE
Updated
As can be seen from the chart, the price rejected the trend line with a perfect hammer candle upon breaking out. This has given rise to a potential buy trade on GBPJPY. Multiple time frame analysis has been conducted to ensure the trade has minimum drawdown before potentially flying to the up side.
*NOT FINANCIAL ADVICE, MERELY AN OPINION*
*NOT FINANCIAL ADVICE, MERELY AN OPINION*
Trade closed manually
Due to change in market structure the trade has been closed. An updated idea has been posted.
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