joadmorales

GBPJPY Long Swing Trade

Long
joadmorales Updated   
FX:GBPJPY   British Pound / Japanese Yen
Our Buy Limite at 144.854 got activated, It’s currently on the trend line and we have a stop loss bellow 144.624. Rite now we are waiting on GJ to respect the trend line and continue its bullish movement and if you look at the daily you noticed that its currrently in a bullish consolidation patter so we have two major indications showing an upward trend.
Comment:
We placed our FIb to see the area in which it was gonna reverse at which it reached our 78.6 level where we placed another buy which was better entry then our first entry and now we are looking to close the first one because we will hold this trade probably all day.
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