toughael

GJ bullish on Opening. Continue uptrend

Long
toughael Updated   
FX:GBPJPY   British Pound / Japanese Yen
Another pullback for GJ.

My prediction is that GJ is gonna open bullish today Sunday, and the current uptrend will resume shortly.
If it already opens too high close to brakeout, refrain from buying it because the risk/reward isn't worth it.

Even if it breaks the "tight" stop loss, it's still an uptrend. That would mean that my entry was bad, but the direction is still right. The original SL at 164.40 is safer.
Trade closed: target reached:
TP hit. This setup is finished.
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