GBPJPY Potential Bullish Engulfing With Trendline support
We have a potential bullish engulfing setup with trend line support. It is also a double inside bar on the daily looking for breakout and trend continuation. Placed a buy stop with 1:1 ratio. S/L yesterdays low and Entry yesterdays high. 1.5:1 is also a good ratio.
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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.