iAndi

GBPJPY short and long possible on intraday trade, market opening

FX:GBPJPY   British Pound / Japanese Yen
Both ways possible here. I would mostly go with the upside.
If and when you break it usually goes with power so 5-10 pips above the breakout is a good buy.
If we start going down, then wait for breakout and sell the flag.
We should consolidate under the trendline and then sell the flag.

Both sides, 120 pips TP.

Comments

Our goal was reached, +250 pips. You can get out
Reply
Currently +100 pips. Move that to Breakeven and let it go.
If 100 pips is enough for you get out.
Reply
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