Malika_Analysis

POTENTIAL LONG AFTER PULLBACK ON GBPJPY

Long
Malika_Analysis Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
Price is currently moving bearish in a potential retracement for a bullish extension. I would look for price to re-test the marked region before potentially moving bullish.

Once price gets to that region, I will assess momentum and position accordingly.
Trade active:
Buy limit activated.
Trade active:
Stop loss moved to break even
Trade closed manually:
Profit taken, trade closed out.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.