GBP.JPY - Long Breakout Opportunity

23. Jan. 2017

The GBP.JPY is 1 of 5 currency pairs on this evenings watchlist.
Once my entry criteria has been met we will set a pending order and await a clear break.

23. Jan. 2017

Anmerkung

Pending order now in place.

24. Jan. 2017

Anmerkung

Price finding some indecision at the 4hr EMA and 141.00 even handle

24. Jan. 2017

Anmerkung

A strong breakout and a long entry if it fits your rules.

24. Jan. 2017

Anmerkung

If you have a 2:1 RR strategy then you should have now covered your positon

25. Jan. 2017

Anmerkung

A pullback to 142.00 is expected prior to another push higher.

25. Jan. 2017

Anmerkung

We got a 142.00 pullback, now i expect price to retest the 144.00 handle.

26. Jan. 2017

Trade geschlossen: Ziel wurde erreicht

26. Jan. 2017

Anmerkung

Although my target has been attained, i thought i would update for those still in the position.
We are now starting to see bearish RSI divergence so a resistance level could form very soon.

15. März 2017

Anmerkung

Building the perfect high probability positions.