Long Position For GBPJPY

After a breakout from the recent lower high. I saw an opportunity to go Long, after the breach, Bear starts entry and start losing their momentum, after the long tail candle, I saw a potential for GBPJPY to hold above the Support Channel. I decided to entry Buy Position :

BUY @145.70
STOP LOSS @145.10
TAKE PROFIT @146.70

It may go up, it may be not.
This is just an analysis and my perspective. This is not a signal or a suggest, so trade based on your own favor :)
Good luck!!!
Cheers!!

Trade wurde manuell geschlossen:

I'm really late on update this trade, I already closed this trade @146.30

Right before yesterday news about Brexit.

So I booked around +60 pips.
:)

Cheers!!