Note: Overall, We are bullish on GBP/JPY. The price correction to 20-EMA followed by a bullish signal.
There are 2 trading plans: 1. Swing Setup, price pullback to 20-EMA followed by a bullish signal. Can long now with little risk amount. Or to zoom into H4 or H1 chart, wait for pullback and bullish signal to long.
2. Wait the price correction to strong support zone at 141.4 level and long again.
Trade ist aktiv
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Long now.
EP: 144.928 SL: 141.415 TP: 150.243
Trade with right risk :)
Trade ist aktiv
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From the H4 Chart, we see 3 bullish pin bars appeared which mean there is a strong buying demand near 143 level.
We remain bullish on this trade.
Trade geschlossen: Stop wurde erreicht
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Hit our SL. We will watch if the support zone able to hold the bearish trend.