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British Pound / Japanese Yen
Long

GBPJPY / TF : 4H / cup and handle projection

By hendro0045
Updated
I get 2 DIFFERENT CnH patterns on the Daily timeframe and h4 / h1 timeframe. I tried projection and I hope my friends enjoy it.
Note
GJ is moving closer to 137,400 or 50 percent of TP1. I suggest my friends shift SL to entry.
Trade closed manually
daily movement of 70 pips from 100 pips and the price is moving down. I think it is very difficult to expect a pullback at the moment and it would be wise to close this trade.
Chart PatternsGBPJPYgbpjpyanalysisgbpjpybuygbpjpyforecastgbpjpylonggbpjpypredictionTechnical IndicatorsTrend Analysis
hendro0045
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